Serbinski Accounting Firms

sorry one more clarification please,

for the resp, given that it is in both our names, what portion of the trust does my wife treat as owning? (again I assume by your answer not 0%, but is it 50% or 100%?)

sorry for the repetition, just need a bit more clarification please. for question 1, I understand we have to report the account on the FBAR (which we have already done), how much of the income do I say belongs to my wife? 0%, 50% or 100% (these seem to be the three logical choices?) It seems by your...

Any interest in starting a white house petition for: 1) simplification or elimination tax reporting for americans resident overseas 2) elimination of double taxation 3) elimination of the horrendous penalties for non-filing 4) creation of members of congress that americans resident overseas can elec...

The response i got from the ministry of finance with respect to US filing issues was reassuring if for no other reason than it appears to put a saftey net under all dual-cdn-us citizens resident in canada in the event that the IRS decides to become too punative. the two key quotes were "...pena...

I am a Cdn Citizen, my Wife is Dual US-Cda and we are both resident in Canada. My wifes income is negligible (<$1k last year). Two questions: 1) we have a number of joint accounts (though I am rapidly closing them). Under CRA attribution rules i have to pay tax on 100% of the income in these account...