Serbinski Accounting Firms

Oh, and for the other questions: 9a Type of Entity - you check "trust"; you as TFSA or RESP owner are the 'grantor' (the one putting money in so give your SSN beside "grantor's TIN" 10 Reason for applying: you check "created a trust" and beside 'speficy type' I am enter...

Long time since the O.P. asked, but for the record: IRS won't let you use the website to request an EIN from abroad. There is a non-tollfree telephone number you can call to get your EIN over the phone. They advise gathering all the info needed to complete the SS-4 form before calling. The notes imp...

In my initial post, I think I was mistaken in suggesting that a transaction such as buying a GIC and then getting back the principal amount, if done purely in CAD, would count as having a 'capital gain/loss' in USD -- or perhaps an ordinary gain/expense. However, I got to thinking that simply holdin...

This is an issue that I've just been working through. I'm stating what I've concluded here rather than posting this as a question, but I'd appreciate either correction or confirmation that this is correct. When you have an asset like a Canadian stock, ETF, bond or GIC where it is reportable/taxable ...

Okay, so to be really exact, my recipe above was for the way I got confused on the first pass.
*Don't* click on "New Copy of Federal Form 8965 Part I"
Only click below that on "New Copy of Federal Form 8965 Part III"
Then you get the right questions for non-residents.

when I tried to add this 8695 exemption form, at first I didn't catch that I needed to ask for a "part III" exemption. Don't get lost looking under part II, which is for other stuff.

For those using TaxAct.com, to access this form go to the "Federal Q&A" tab. In the right column, find "Health insurance" and click to expand subtopics. Click "Individual coverage exemptions" (or "household coverage exemptions") Beside "New Copy of Fe...

In 2011 I paid a tax preparer for three years' IRS returns to get current. The fees for this would presumably be deductible on the following year's IRS return (though with no tax owing each year, they're no use there.) What I'm wondering is whether these fees would also have been deductible on my CR...