Search found 8 matches

by apkesh
Thu Jul 08, 2021 10:59 am
Forum: Canada / United States Tax & Accounting
Topic: Moving to the US- Can I avoid paying taxes on my US investments?
Replies: 5
Views: 2150

Re: Moving to the US- Can I avoid paying taxes on my US investments?

from all the reading we've done, it looks like there is no way around it. However there are some differences between your situation and mine. Your father's condo was registered under an LLC where as mine is registered under my name. Also, since your dad passed away and you both have inherited the pl...
by apkesh
Fri Jun 25, 2021 6:35 pm
Forum: Canada / United States Tax & Accounting
Topic: Moving to the US- Can I avoid paying taxes on my US investments?
Replies: 5
Views: 2150

Re: Moving to the US- Can I avoid paying taxes on my US investments?

Thank you Nelson. From your response, it sounds like there isn't a way around this then? Since we have not technically sold the US property, I was hoping there was some way to mitigate the exposure. I guess we'll just have to accept it.
by apkesh
Thu Jun 24, 2021 8:14 pm
Forum: Canada / United States Tax & Accounting
Topic: Moving to the US- Can I avoid paying taxes on my US investments?
Replies: 5
Views: 2150

Moving to the US- Can I avoid paying taxes on my US investments?

Hi, I am a resident of Canada and plan to move to the US end of the year. At some point after moving to the US, we plan to severe ties with Canada for tax reasons. During this process, Canada will tax us not only on your investments in Canada, but apparently, also on your foreign investments. I have...
by apkesh
Sat Oct 10, 2015 9:06 am
Forum: Canada / United States Tax & Accounting
Topic: H1B holder- Living in Canada and working in the US
Replies: 2
Views: 1923

Anyone?
by apkesh
Fri Oct 09, 2015 4:54 pm
Forum: Canada / United States Tax & Accounting
Topic: H1B holder- Living in Canada and working in the US
Replies: 2
Views: 1923

H1B holder- Living in Canada and working in the US

Hello, I am an H1B holder who just started working for a US company. I will be travelling to the US 4 days of the week while living in Toronto Canada. My company has promised me they will apply for a green card for me and my long term plans are to move to the US with the family (once the GC gets clo...
by apkesh
Mon Apr 21, 2014 11:21 pm
Forum: Canada / United States Tax & Accounting
Topic: 183 day rule for Canadian workign in the US 4 days of the wk
Replies: 4
Views: 2442

I am not an expert, but I believe there is a 183 day for calendar year and 183 day for total of last 3 year calculation. If you stay over 183 days in a calender year, then you may have to pay taxes. The later however involves only filing a closer connection form and does not involve paying taxes. Ag...
by apkesh
Mon Jan 26, 2009 3:33 pm
Forum: Canada / United States Tax & Accounting
Topic: non resident- should I file income tax in US?
Replies: 4
Views: 2952

Nelsona, Thank you for replying to my posts right away- I really appreciate it! Now to clarify a few things: 1) I used to work full time in the US for a very long time ago, hence how I obtained an SSN. With this I was able to open up bank accounts and establish credit going forward. 2) The taxable i...
by apkesh
Mon Jan 26, 2009 10:43 am
Forum: Canada / United States Tax & Accounting
Topic: non resident- should I file income tax in US?
Replies: 4
Views: 2952

non resident- should I file income tax in US?

Hi , I am a non resident (canadian) working in the US. I get my salary paid to my corporation in Canada. However ever since I started working in the US, I've opened bank accounts to and have gained some interests from my savings (I opened them mainly to establish credit and have US credit cards). Re...