Serbinski Accounting Firms

Entered US in December 2012. That tax will be filed as foreign income (from Canada). For the person who is going to be filing tax for the first time in US in 2014 for the tax year 2013, which US income, what is the IRS default limit for pre-tax contribution. My employer's service provider is asking ...

So in Canada, you can take out money from RRSP (one time in life) to buy house. Then you must pay it back in 15 years. If you don't then CRA automatically deducts 1/15 amount from your RRSP contribution every year. Now I borrowed some money 6 years ago when buying my house. I have sold my house and ...

"If you sell your house as a non-resident, you are subect to NON-RESIDENT withholding rules (i guessthat is where you get the 25%?). However, even this does not mean any tax if sold within a year of leaving Canada, as the forms that you will need to fill out will show." I spoke to the two ...

I need a car right away. I want to lease it.

Will getting a Equifax Canada credit report/score work in US in any way?

TD Cross border credit card takes month to process. RBC told me that they only give them US credit card based on credit history in Canada to help build local US credit history on SSN. Is this statement true or its different with TD and RBC ? I was hoping to transfer my credit hisotry from canada to ...

So this means that I can move my family and my belongings to US as soon as the deal for the house is done. And I will be able to transfer proceedings from the house sale without any taxes to US. As for the RRSP and DRSP, I will have to declare non-resident and then cash them out and pay 25%. This ta...

I believe, buying car and getting Drivers License in States could change my status?

Thanks for helping me out this far. So I got my Green Card activated and today I received SSN as well. I also have my job confirmed for Jan 1 start. Now the shivering starts....lol My real estate agent told me that last two weeks of December are the dead time of the year as everyone is either visiti...

Thanks. Called CRA and got the similar reply. They asked me to submit NR73 for so they can determine when I severed my ties with Canada. They key as per them is when my family actually moves. "Getting GC means nothing". I will still be factual or deemed resident of Canada until I move my f...

I meant to say I HAVE DECIDED TO ENTER IN US :)

So finally I have not decided to enter US to activate my Green Card and so the SSN get issued for however long it takes (2 to 4 weeks) as I am expecting a job offer for January start time. I will apply open bank account next day. I will wait for SSA to issue SSN automatically (requested in DS230 for...

I have done some research on this as I am in same situation but my direction is from other side of the border to US. To get the best rate, you need to open a US Borderless account with TD bank in Canada. When you wire anything above 10K its $50 for the transaction. The borderless account will give y...

In the other thread that just opneed by tax1000, are you not confirming that he would be come deemed non-resident on his departure date. Or is departure date is not equal to when one enters in US to obtain Green Card. In my case my family and myself will be in Canada for some time. Or should I try t...

Is there a link to this information????


4. You have a year for Cdn tax purposes, and three years for US purposes for a tax free sale.