Search found 18320 matches

by nelsona
Mon Apr 30, 2007 1:26 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

ufile.ca
by nelsona
Mon Apr 30, 2007 1:26 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

Why does he need his american expert? Your Cdn tax return, properly filed, will have NO US income on it. You might as well have moved to Tibet. There is no need for an american expert to file your Cdn departure tax return, since you will not be reporting any US income, and thus will not need to clai...
by nelsona
Mon Apr 30, 2007 12:59 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

T1-ADJ is the starting point for changing your return.
by nelsona
Mon Apr 30, 2007 12:56 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

I thought you said you already filed your return. If you did, the on-line services are pointless, since you are filing an amended return.

If you have not filed yet, tell your CPA to stop sitting on his brains and get busy.
by nelsona
Mon Apr 30, 2007 12:38 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

Look at the "Emigrants" guide. Do not submit form NR73 unless the government asks for it, regardless of what your jerk-off acct says. Why would you have paid an accountant lots of money to do what he treated like an "ordinary" return, which is all the service he did for you. you ...
by nelsona
Mon Apr 30, 2007 12:10 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

The problem is you ahve already listened to this guy, and he filed incorrectly. Now, in order to coirrect this, you will have to correct it with the date, and fulfill all the other requirements of departure return, which includes a couple of forms. he should have done this in the first place, but wa...
by nelsona
Mon Apr 30, 2007 8:26 am
Forum: Canada / United States Tax & Accounting
Topic: Do I have to file return to Quebec as non-resident of Canada
Replies: 4
Views: 3267

first off, are you sure you should be filing a non-resident return? If you left canada in 2006, you file a DEPARTURE return, which is a normal return but with a departure date (and QC return would also be filed, with same departure date). If you left Canada in 2005 or earlier, you only file non-resi...
by nelsona
Sun Apr 29, 2007 10:57 am
Forum: Canada / United States Tax & Accounting
Topic: Are *all* RESP considered to be "foreign trusts"?
Replies: 2
Views: 2854

Note what BDO says: http://www.bdo.ca/library/publications/tax/taxbulletins/032007b.cfm Since an RESP is a foreign trust, U.S. persons who invest in them are subject to the U.S. reporting requirements for foreign trusts. The ability to obtain the tax treatment as described above can be jeopardized i...
by nelsona
Sun Apr 29, 2007 6:42 am
Forum: Canada / United States Tax & Accounting
Topic: T5 issued to US resident
Replies: 1
Views: 2100

The way to correct this is by sending a letter to CRA (International) with a copy of the T5 and a checque for the proper withholding. You should contact the payor and reitertae that you are a US resident (sometimes the mere fact of giving them a US permanent adress just 'click' in them that you are ...
by nelsona
Sat Apr 28, 2007 2:05 pm
Forum: Canada / United States Tax & Accounting
Topic: Are *all* RESP considered to be "foreign trusts"?
Replies: 2
Views: 2854

Sounds false to me. RRSPs set up with a bank or brokrage are foreign trusts, so why would an RESP not be. 8891 replaces 3520 for RRSPs only.

Sounds like someone is lazy to give you paperwork.
by nelsona
Fri Apr 27, 2007 3:21 pm
Forum: Canada / United States Tax & Accounting
Topic: IRS accept Canadain donations
Replies: 6
Views: 3631

Reread what I and the treaty say, please.
by nelsona
Fri Apr 27, 2007 8:04 am
Forum: Canada / United States Tax & Accounting
Topic: IRS accept Canadain donations
Replies: 6
Views: 3631

I think I answered that.
by nelsona
Thu Apr 26, 2007 3:21 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

2555 excludes your Cdn wages from IRS taxation.
by nelsona
Thu Apr 26, 2007 2:41 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

In fact, for most provinces, as soon as you move, you are no longer considered a resident for helthcare purposes.
by nelsona
Thu Apr 26, 2007 2:41 pm
Forum: Canada / United States Tax & Accounting
Topic: Income Tax Question for TN visa holders
Replies: 33
Views: 16280

It does not matter whether you claim residency or not; once you leave canada for 6 months (7 for ontario) you are no longer covered by Cdn healthcare. But that is why you have coverage with your job. Anyways, the advice you got from whomever you spoke to was wrong 9not surprising). I hope it did not...