Serbinski Accounting Firms

My hesitancy to declare foreign address stems from bad prior experience. Raymond James and Vanguard basically will not do business without a US mailing address. The State Street pension folks immediately began deducting a higher federal tax rate when I tried to change my address to Canada since I ...

Correct, wife and two children are NOT US citizens.

On the US return, reporting joint income and taking the 1116 foreign tax credit results in lower overall tax in the US. The income exclusion route sends the marginal tax rate on the pension income into outer space.

But, in order to take advantage ...

TurboTax is indicating significant tax savings (US 1040) for married filing jointly and taking the foreign tax credit. We have two children living with us 1/2 time in Canada per divorce decree. Can we apply for TINs for wife and both children, and claim exemptions for the two children (ages 14 and ...

My current US tax home is Montana, which is killing me. Should I change my tax home to Nevada (I have family there) or declare my residence and tax home is foreign? Is there an advantage to having a tax home in Nevada?