Serbinski Accounting Firms

I'm in MA, where non-residents are only taxed on ma sourced income, so I think I should be okay since I'm being paid by a company in NY. Is my understanding correct?

Thanks,

Simon

I inquired and they said they will treat me as a 1099 vendor, but will not issue me a 1099. Do I need a 1099 for canadian tax purposes?

If they do not issue me a 1099, do I have any obligation to file a US tax return?

This would be for the 2007 tax return, so I'm not too concerned about residency ...

Hi,

I'm currently working on 1099 in the US and taxed as a Canadian citizen and resident. Sinc e I claimed tax exemption due to nafta treaty, the company will not issue me a 1099. Is this the proper way to go? Do I even need to submit a US tax return if they do not issue me a 1099?

Thanks,

Simon

Can the situation be summed up as:

1. IRS considers me a resident of the US because I am in the US for more than 183 days. Closer connection cannot be established since presence > 183.
2. CRA considers me a resident of CAN because my permanent home (parent's home) is in Toronto. The home I have in ...

Why is there a difference between a treaty and non-treaty country in terms of using minor ties?

Most of my time will be spent in the US. I think the easiest way to go about this would be to break all ties necessary to be classified as a canadian non-resident - what you've said all along :D

I was under the impression that a collection of minor ties in Canada, and/or lack of ties in US could be used to establish canadian residency, despite not having the primary ties. Could it be argued that my parent's home is my place of permanent residence, and hence a major tie to canada, since it ...

That's exactly my problem - i'm not sure which route to go - and I definitely don't want to be considered a resident by both countries.

It would be very nice if I can keep all my bank accounts and still be kicked out of Can =P Do you think that'd be possible? Besides my bank accounts, credit cards, driver's licencse and family, I would have no other "ties" to canada. Could I still be a non-resident while keeping those intact?

I don't know if I will retire in the US - probably not - but that is soo far away (I am 26)

But you are right in that I don't plan to commute to Toronto with any regularity, and would definitly meet spt in us. I am just in a qualm over whether there is benefit to claiming canadian residency via ...

Thanks for all your input so far - but I think i'm now as if not more confused as before, as to what the "best" solution is - and realize I have a lot more research to do. Are there any books or guides you can recommend where I can find a comprehensive list of "questions i need to ask"?

If I am in the US for more than 183 days, will I be considered a resident of the US? Am I still able to file a closer ties form if I want to maintain canadian residency?

Thanks!

Sorry, I mean to say that I will be paid under the guise of an employee, but besides the salary, there are no other benefits. This is the arrangement through an IT recruiting agency. The terms of "employment" would still be the same as a contractor, except they would file W2 instead of 1099, and ...

Thanks for that great insight. I've always heard how much less the tax is in the US, but when I did the math, it didn't seem the case for SE contractor.

To be sure, i definitely will be out of Canada for more than 183 days. My residence in canada will be maintained by my parents regardless of my ...

Sorry, I should've included that in my orig post...I will be under TN status. Actually I am already working under TN, and am contemplating the non-residency option. Thanks!

Simon

I am planning to declare non-residency in Canada and work as a self employed individual in the US, and have several concerns:

1. Are there any disadvantages of doing so?
2. What are my best options for medicare?
3. I've seen that federal and state tax rates for MA for my tax bracket is about 30 ...