Serbinski Accounting Firms

Thank you !

My daughter is a dual Can/US citizen living in the US and working as an employee for a US firm. She is on the firm's US payroll with US taxes and deductions. She is a non-resident of Canada for tax purposes and therefore does not file a Canadian tax return. She visits Canada a few times a year for a...

Thank you both for the helpful replies !

My children who are US citizens living in Canada had to file form 3520 for the the distributions from their RESP. I believe the same situation applies for a RDSP. As you probably now realize, there is no tax shelter benefit for a USC to hold these type of funds. Note that filling out form 3520 is no...

My children are dual US/Can citizens. They are permanent residents in Canada, having lived here all of their lives. They have been submitting yearly US tax returns, using Canadian foreign tax credits to offset US tax. They have recently become self employed (in Canada) and as a result will be comple...