Serbinski Accounting Firms

nelsona, according to my income (and using the worksheet), my salary limits the child credit to $500. That is then eaten up by tax and the AMT. While I'm new to using tax credits, I plugged all of my paid foreign taxes into TurboTax as a credit and come out having to pay around $800. My RRSP ...

Two concerns for me: (1) I am now exceeding the FEIE, and expect to even more in the future. I fully max out my RRSP each year. Up until now, I have gotten by with simple, but unknowingly incomplete forms -- though I recently made some corrections for 2005 -- but things are getting more complicated ...

A climate change argument? That is thinking out of the box -- I like it! The sad thing is, you just could be right, although I suspect the fall-back could be for Canadians living in the States.

I agree the United States passport is cherished, but so is Canada's.

Everyone's circumstances are ...

nelsona (and certainly many others) have noted "heavy" consequences for renouncing US citizenship. I'm curious: what evidence do you have to support this assertion? Is it not situation dependent?

In my case, I am a long-term Canadian citizen and resident, although I still hold US citizenship. I ...