Serbinski Accounting Firms

Thanks again.

Great info!

I've been thinking about this some more. All answers have been great information (thanks in advance), but I'm just wondering on something. IF, say 5 years from now, I'm no longer a US Resident, but just a Canadian resident (am Canadian citizen). Say I worked for a year and had Canadian tax owing of ...

Sorry Nelson, me too! Wanted this to be a new message under your Car Talk forum but the trick is to 'reply' to your original message, not create a new topic!

Doh!

One thing I can point out - is that with the state things are in these days with US and Homeland Security, little things that weren't difficult in the past are becoming a pain in the *#%%. I've never had a problem renewing my D/L from out of the state I was a resident (due to lots of travel in US), ...

Nelson. I just had to look up your signature line as I thought 'non grata' meant free of charge. Was I wrong! From www.hyperdictionary.com ======================================================== Meaning of PERSONA NON GRATA Pronunciation: pur`sownu`nân'gratu WordNet Dictionary Definition: [n] a per...

good point!

Thanks again Nelson. Now one last question ... really ... okay, maybe! Okay, so I leave the IRA alone in the US and do what you suggest (ie: until 59 1/2+). What if I died next year (I'm only 43-ish!) ... bummer ... does this get incredibly ugly as US wants some withholding and Can wants some withho...

Thx. for the info. 1. The reason I was thinking about moving the IRA into an RRSP, is I really like the RRSP's flexibility way more than the IRA. For example, if the money was in an RRSP, I could quite happily take out say $20 - $30 CDN a year, get no 10% penalty, and live happily being a ######, li...

1. Am a Canadian citizen. 2. Am a US resident (TN for about 7 years) I have read the previous posts (on the old board) concerning how to move an IRA to an RRSP and believe I understand the general process. Essentially I'd have to be a Canadian resident at the time, would collapse part of the IRA, pa...

Excellent - hated being in the lurch there for a few weeks!

Thx. again.

I'm a Canadian citizen, US resident for about 7 years. Have 3 rental properties bought in Canada years before working in US (on renewed TNs). Have depreciated the 3 properties every year as advised by US accoutants that if I don't - the IRS assumes you did anyway when you sell them. I've heard that ...