Serbinski Accounting Firms

Ok got it, thank you!

Will voluntary contributions be deductible in both Canada and the US for 5 years as well? I contribute the maximum amount that my employer will match me and then an additional amount over and above this amount as a voluntary contribution.

Ah ok thanks, makes sense then.

Ok thanks for the great advice!

If they do allow me to continue contributing to the Canadian pension plan, will I be able to deduct my contributions on the US side like I can in Canada? If not, would I be better served with a 401K? I read elsewhere on this site that if I invest in a 401K, I can ...

Good point!

I just thought about one more thing. We currently contribute to a defined contribution pension plan and they match us. Once we start paying tax in the US, I assume there will no longer be any benefit of continuing to contributing to this pension, or an individual RRSP for that matter ...

Ok thanks very much for this. They have been very hush hush about everything, so I'm trying to do my own research to find out what the possible outcomes are. They mentioned something about establishing a "shadow payroll" and becoming compliant with everything starting January 1, 2017. They didn't ...

I’m a Canadian resident and citizen living in a border town that commutes to work in the US every day. I’m an employee of a Canadian company and work for our branch located in the US. For years I have been on the Canadian payroll paying no tax or US social security to the US and have never ...