Search found 3 matches
- Mon Apr 29, 2013 11:22 am
- Forum: Canada / United States Tax & Accounting
- Topic: Make a quiet disclosure?
- Replies: 5
- Views: 5140
- Mon Apr 29, 2013 9:46 am
- Forum: Canada / United States Tax & Accounting
- Topic: Make a quiet disclosure?
- Replies: 5
- Views: 5140
Okay, so what I'm hearing is just file the FBAR with a reasonable cause letter. That's what I have been leaning towards. I guess my only reason for worrying about the 1040 is that I do *technically* have unreported income even though I have no tax owing. You think I could avoid penalties without the...
- Sun Apr 28, 2013 11:30 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Make a quiet disclosure?
- Replies: 5
- Views: 5140
Make a quiet disclosure?
So, I am mostly tax compliant, but I have one little skeleton in my closet and I'm not sure what to do. I've been advised by one CPA to ignore it, but I don't really feel comfortable with that. I'm a dual citizen/Canadian resident. In 2009, I filed in the US for the first time because I was there fo...