Search found 7 matches
- Thu Mar 21, 2019 3:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Applying for Social Security or CPP/OAS?
- Replies: 2
- Views: 2003
Applying for Social Security or CPP/OAS?
How can I maximize my pension benefits, minimize any tax withholding and avoid the WEP? I am a Canadian citizen living in the USA for 16 years (Green card) and just turned 70 and want to apply for Social Security/CPP/OAS in the most efficient manner possible that gives me the largest monthly benefit...
- Wed Mar 20, 2019 3:59 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Nelsona
- Replies: 1
- Views: 1330
Nelsona
Nelsona, you seem to have a lot of good answers about USA/Canada cross-border issues...do you work for Serbinski? Are you available for private consultation?
- Fri May 05, 2017 5:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RRSP's and IRS Form 8938
- Replies: 0
- Views: 3687
RRSP's and IRS Form 8938
I am a Canadian residing in the USA for a number of years. (with Green card). I'm trying to figure out how to report my Canadian RRSP's correctly on the 2016 IRS 8938 form. I did NOT have any RRSP distributions in 2016. According to the IRS Form 8938 Instructions as published in January 2015, under ...
- Thu Sep 24, 2015 8:50 pm
- Forum: Business & Personal Immigration to Canada
- Topic: duty for returning resident
- Replies: 3
- Views: 15808
No duty, but maybe HST
Maybe no duties, but however, I believe you may still be liable for HST on the market value of certain items...(ex. vehicles, RV's, etc if you want to license them in Canada).
Comments ?
Comments ?
- Mon Sep 21, 2015 5:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Moving to US, can't convert CAD>USD due to exchange rate
- Replies: 4
- Views: 3800
Cross-Border Banking
I would leave my cash in a Canadian bank account for now (if you don't need it) until the exchange rate recovers. Both RBC Bank and TD Bank have presence in both Canada and the USA and make it easy for a customer to have both credit cards and bank accounts in both countries. Even though RBC Bank is ...
- Sun Sep 08, 2013 11:12 am
- Forum: Business & Personal Immigration to the United States
- Topic: Can a U.S. Resident Establish a Canadian $ Bank Account?
- Replies: 5
- Views: 9069
You're right. TD Bank or RBC Bank in the USA will not open a Canadian account for you, even if you happen to be a customer of theirs in the USA. However, if you are a Canadian resident and have a SIN number, and are currently a customer on the Canadian side, no problem opening Bank accounts in US cu...
- Sat Sep 07, 2013 11:06 am
- Forum: Business & Personal Immigration to the United States
- Topic: Can a U.S. Resident Establish a Canadian $ Bank Account?
- Replies: 5
- Views: 9069
In my experience, I've tried to do just that, and the Canadian Banks I spoke to insist that I show up in person to open up a Canadian Bank account (at least for the first one). After the first one, you can open up other accounts through your on-line access. (at least that's what RBC Royal Bank has t...