Serbinski Accounting Firms

This is becoming quite insane. How can anyone be penalized for non-compliance with the unknowable. If the ruling classifying Canadian based mutual funds was only made in 2010 is the requirement for PFIC treatment only on a go forward basis? Also I understand it also applies to Canadian based ETFS, a...

thank you. I am the owner. I have added them to my FBAR as well. Jen

I have been sending in 8891 s for my regular RRSPs but I have a couple of spousal plans. Assume I can backfile 6 years. Do I need 6 1040x or can they all go in together. Regards

oops another question about FBAR. I have not reported insurance policies since I did not consider them financial accounts. Apparently they are if they have cash values. Same with accumulation annuties. Does anyone know if this is a new requirement or one that requires amended past filings?

Same situation but I am resident in Canada (Ontario) and have difficulty finding advice/information, albeit many accountants prepare US returns. Just not confident that they are sufficiently knowledgeable about all the nuances. Only 2 firms I've heard of are also Serbinski and Transition partners. S...

Dual citizen living in Canada. I emailed FBAR & they responded that RRSPs are reportable. I have reported some RRSPs too in the past, but not 2 that are spousal RRSPs. Do I need to report amended FBARs for 6 years or is it sufficient to add now. Same for 8891s. Or can I just add them this year. ...

Can't seem to find the thread but know there is one. Have spent a full week looking through the form 8621, its instructions and the Int. Rev Code. and trying to see the damage using the mark to market method in respect to the many mutual funds I have owned. Much is incomprehensible but what I deduce...