Search found 3 matches

by heyo
Mon Apr 29, 2013 11:22 am
Forum: Canada / United States Tax & Accounting
Topic: Make a quiet disclosure?
Replies: 5
Views: 5179

Okay, thanks guys. I will do that.
by heyo
Mon Apr 29, 2013 9:46 am
Forum: Canada / United States Tax & Accounting
Topic: Make a quiet disclosure?
Replies: 5
Views: 5179

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 ...
by heyo
Sun Apr 28, 2013 11:30 pm
Forum: Canada / United States Tax & Accounting
Topic: Make a quiet disclosure?
Replies: 5
Views: 5179

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 ...