Serbinski Accounting Firms

Hi

I understand the theory behind treating Canadians differently, especially given the fact that most won't owe US tax because of high Canadian taxes, however I worry that the IRS has not given ANY guidance to this in their OVDI materials.

It seems like they would be within their rights to apply ...

Nelsona

Thanks for the quick reply. I understand that US Citizens in Canada have traditionally filed late tax returns without incurring penalties, however doesn't the new OVDI program change the game a little?

The tax lawyer told me that there is a high likelihood that the IRS will pull some of ...

Actually..probably ok to leave here...Nelsona...any thoughts.

Thanks again

woops...wrong thread...let me fix

Hi Nelsona

I'm trying to understand the basis for the following:

"Yeah, ask her why she picked five years. The rule is 3 unless you owe tax, then it becomes six."

After reading the OVDI FAQ, calling the OVDI hotline and talking to a tax lawyer I was under the impression that US citizens living in ...