Serbinski Accounting Firms

Hello I moved from Canada to the US in 2022. I am expecting to receive an NR4 form from a Canadian bank for savings interest paid after my date of departure from Canada. As it is arms length interest no withholding tax has been deducted. Does this mean no tax is due in Canada or do I need to include...

Hello I am a Canadian who had been resident outside of Canada for a few years before returning in 2018. I am trying to figure out what to do about the T1135 form. The instructions say "An individual (other than a trust) does not have to file Form T1135 for the year in which the individual first...

When opting to file a full year 1040 because it is more 'tax-advantageous' (after having actually ceased to be resident in the US in September), is it necessary to include any declaration to the effect that that is what I am doing? How would I do so? For example there is Form 8833, Treaty-Based Retu...

So early distributions from a traditional IRA to a non-resident are subject to 10% penalty even if they are used for qualified educational expenses? That's annoying. I'm curious why a Roth conversion heading into a period of low taxation might not make sense. The reason I was considering it was that...

I emailed TIAA-CREF (who manage my accounts) and the response was that I will need complete of an attestation form in order to complete transactions within my mutual fund holdings when resident in Canada. I'll have to ask what on earth an attestation form is, but it sounds like keeping the funds wit...

I am a Cdn citizen currently a resident alien in the US. I plan to return to Canada within a year. Does anyone know if there is any future advantage to having funds in an IRA vs a 403(b), in terms of ease of managing the funds while resident in Canada and future taxation of distributions? I'm wonder...

Hi My dad (Canadian resident of Canada) made me (Canadian resident of USA) joint owner of his deposit account (in Canada) in order to avoid probate in the event of his death. The account is wholly funded by him, so according to the CRA the entirety of the interest is his taxable income, not mine (an...