Search found 5 matches
- Tue Nov 29, 2011 5:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Any Advantages to Dual Citizenship (taxwise)
- Replies: 14
- Views: 9137
Well usually my accountant for Canadian taxes charges about $250/year so that's not too bad since he does a good job. I've been asking around for a us tax accountant in Edmonton or Calgary and the first accounting firm wanted a $15,000 retainer for lawyer fees. Someone at my work also uses a law fir...
- Tue Nov 29, 2011 1:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Any Advantages to Dual Citizenship (taxwise)
- Replies: 14
- Views: 9137
- Fri Nov 25, 2011 2:59 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Any Advantages to Dual Citizenship (taxwise)
- Replies: 14
- Views: 9137
- Thu Nov 24, 2011 2:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Any Advantages to Dual Citizenship (taxwise)
- Replies: 14
- Views: 9137
Any Advantages to Dual Citizenship (taxwise)
I have dual citizenship but have lived in Canada my almost whole life.
With these new FBAR penalities I am thinking of just getting my US taxes up to date and then renouncing my US citizenship.
Is there any tax advantages in the future of keeping US citizenship?
With these new FBAR penalities I am thinking of just getting my US taxes up to date and then renouncing my US citizenship.
Is there any tax advantages in the future of keeping US citizenship?
- Tue Nov 22, 2011 2:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canada / Us Tax Filing Question
- Replies: 2
- Views: 2554
Canada / Us Tax Filing Question
I was born in Canada but my Mother is American, about 15 years ago I obtained a US passport and Dual Citizenship (mainly for travelling). I have never worked in the United States, but do I now have to file tax returns in the states? I am worried about my RRSP savings taking a huge hit, as well as pe...