Serbinski Accounting Firms

I live in the US but I'm paid a fellowship from Canada. The fellowship was awarded in Canadian dollars (ie a set amount each year, which is reported to Canada Revenue and for which I receive a tax slip), but I took the option of having them exchange the money for US funds, which they then wire to me...

I had an accountant prep my taxes last year, which included a fairly large income from Canada - about $30000 including fellowship and RRIF income). I've just noticed that on my 1116 form, the accountant has does something funny with the Canadian income. They have in column A listed the total in Cana...

I had tax withheld at source from several RRIF payouts. I put that income (and the tax withheld) on my Canadian return, and I've just gotten a notice from them - they have taken the RRIF income as well as Canadian bank interest off of my total income - but they also say they will send me a bill if m...

It is my understanding that any account in Canada generating at least $50 in income would result in an NR4 slip being issued. That is also what I have read on the Canada revenue site. Does anyone know of any exceptions to this? I have a savings account that apparently generated $60 in income but I d...

Do I have to amend a return if I realize I somehow didn't include $10 of interest income from a foreign account? The additional income does not result in an increase in tax (I stay in the same bracket on the tax table). The income for that account totaled about $60 and I mistakenly reported $50.

Hi All, I've read on a few other sites that FAQ #18 (no penalties for missing 3520 or 5471 if all income was reported) will also apply to other informational forms. Has anyone heard anything about this? If it does not apply, it seems as though people who filed fbars and reported all their income wil...

Whoops, I meant to discuss form 8938.

Given the penalties involved, should we all be confirming that the IRS actually receives our completed forms? I still submit using paper and am afraid they could lose it!