Serbinski Accounting Firms

I've been looking into informal in-trust accounts, explained briefly here at this government site: http://www.canlearn.ca/en/parent/save/findmoney/enc_kids_save/resp/iita.shtml This answers most of my questions, but I have a few lingering ones: - For the IRS, is form 3520 required for these kinds of...

As I understand it, the stacking provisions apply after application of the standard deduction and personal exemption. I have seen numerous examples of these calculations on the Web -- am I mistaken? So, regarding the additional tax credit, we would need to subtract both of our 2555 excluded incomes....

My spouse and I recently submitted our 2006 statement. I am a US citizen living in Canada. We filed a joint return. My husband's income slightly exceeded the FEIE threshold (mine did not). Bottom line is that we have about $6100 in US "income," though this is handled by regular deductions,...