Serbinski Accounting Firms

Hi,

I am a dual US-CDN citizen residing in Ontario. I recently left a full time role and starting to do some part time consulting. I've been offered a contract by a US company that will require some onsite work at a US location as well as remote work from Ontario. My plan was to create a corporate ...

Thank you for this forum, it has been a great source of advice.

I am a dual US/CDN citizen currently living in Canada. I have lived and worked on both sides of the border and have always kept on top of the Tax filing requirements.

During my last employment stint in the US, I opened 529 and UTMA ...

Thanks Nelson. Would that restriction apply if it was all self directed investment?

Thanks. I've been considering a strategy of holding all my investments in Canada reside inside my RSP and having all of my non-RSP investments held at a US brokerage, like Fidelity. My accountant says this should work (there are CRA extra forms if the cost of the non-CDN investments is > $100K ...

Fidelity has been great for me too. I left an IRA there and there has been no issue trading (self-directed).

What is your provincial issue that restricts trading in the US as mentioned in the first post of this thread?

I haven't seen this scenario addressed, apologies if I missed it in searching.

I am dual US/Cdn citizen working and resident in Canada. My company offers a savings plan which matches 50% of my contribution with company stock.

The plan allows the employee contribution to be split between RSP and ...

Thanks Tsanaha. Really appreciate the great information you have provided on this forum.

Is there a good list of what the US considers a foreign trust needing a 3250 / 3250A?

From what I think I've read both on this forum, the irs site and various blogs, I get the following:

Need 3250/3250A
-TFSA
-RESP
-Brokerage accounts with CDN mutual funds
-Whole life policies (unsure about this ...

Hapless, Thank you this is great information!

I also have a RBC TFSA...but when I called their call centre to get the EIN, the agent had no idea how to answer or even who to send me to.

Any suggestions?

I am a dual US/CDN citizen living in Canada and in 2010 had a Canadian Corporation that I used for consulting business. All business was in Canada with no US revenue or income.

I have always filed and am up to date for my personal TD 90 FBAR reports.

Does the corporation need to file a separate ...