Serbinski Accounting Firms

Unfortunately it requires Cdn residency, since a Cdn broker cannot transact for a US resident, so it will not work. Actually, it appears that TD Waterhouse in the US allows Canadian dollar accounts. See this post at the FWR forum, e.g., where Oliver indicates that he uses TDWHUSA to buy and sell Ca...

You might want to read through this thread for some more low cost ways of converting US$ to C$ and vice versa..

It would be interesting to know if there were case law on this fine point. The Code makes this exception from the 10% penalty for 401(k) plans: 72(t)(2)(A)(v) made to an employee after separation from service after attainment of age 55, Without punctuation, that is an ambiguous clause, readable eith...

We have taken care to preserve and convert all existing posts to the new forum. The new software allows for more flexibility in reviewing and posting. Try changing the sort tabs on your browser. Other hints.. - Adjust the time (in GMT) for your location. Eastern standard time is GMT -5. - You can s...

Congratulations on setting the forums on reasonably cheap and stable software.

It seems to me that many recent posts have disappeared. December 2005 looks remarkably thin. Can you confirm?

You can save a ton of money versus any bank and even Customhouse by reading http://www.financialwebring.com/forum/v ... .php?t=198 and using the technique described therein.

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by nelsona</i> When in doubt, go to the treaty: ...<hr height="1" noshade id="quot...

Nelson, the text of the CRA bulletin always uses the term "social security" in lower case, i.e. it's a general term, not a legal definition. What Americans refer to as "Social Security" can mean the retirement plan for seniors, the medical plan for seniors, or indeed both. The te...

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by nelsona</i> CRA has now taken the position that out of SS, Medicare and Fica payments that the...

Make sure that you do not run afoul of the "fixed base" provisions in the treaty. Easiest is to keep your contracts short. I know of people who consulted for arms length clients in the other country, in office space provided by the client and without crossing any 183 day rules. Because the...

You're asking in an inappropriate place because this forum is for discussion of Canada / US cross-border tax issues. Let me just point you to two IRS urls which should make it clear that the US government really frowns on this sort of thing by its citizens. http://www.irs.gov/businesses/small/articl...

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">In regards to my ISO - I have yet to exercise any of the options my plan was to just to a buy/sell. Given AMT taxes is...

Before going any further, you need to clarify exactly what you mean by "$600K in profits" for the ISO. If you have not exercised yet, then it's probably better to exercise while you're still in the US, just to avoid the complication of taxation in both countries. If you have exercised and ...

As usual, nelson's advice is very good. A few additional points. <blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">2. You would be better off to buy the house, taking a...

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">Scenario: Canadian resident inherits $5M worth of cash, real and investment property from a US citizen/resident. Canad...