Search found 137 matches
- Tue Nov 09, 2004 3:29 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Owning LLC's in Canada
- Replies: 3
- Views: 5005
- Wed Nov 03, 2004 8:02 am
- Forum: Canada / United States Tax & Accounting
- Topic: Charitable donations....deferrable?
- Replies: 4
- Views: 5183
There are several ways through which you may claim your spouse's charitable deductions in the U.S. First, you could elect to have your non resident alien spouse treated as a U.S. resident for the year (under IRC 6013(g). Since she has no income, this can only help your tax situation when you file a ...
- Tue Nov 02, 2004 11:43 am
- Forum: Canada / United States Tax & Accounting
- Topic: Severing ties in the US
- Replies: 1
- Views: 5027
As a green card holder, you continue to be subject to U.S. income tax rules, and must continue to file a return, no matter where you actually live. Since you have expressed an intent not to require your green card, and have no intention of ever living in the U.S. again, then you should surrender you...
- Fri Oct 29, 2004 7:36 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Customhouse
- Replies: 1
- Views: 3760
- Fri Oct 29, 2004 7:32 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Ottawa Area Accountants
- Replies: 1
- Views: 4719
We provide services in the Ottawa area, and throughout Canada in our cross border specialty. We have many clients in the Ottawa area. These days, it's not where you are, but what you can do, and that is why we provide this service throughout North America. Please contact me if we can be of service. ...
- Fri Oct 29, 2004 10:19 am
- Forum: Canada / United States Tax & Accounting
- Topic: Please read/post about RRSP in US Here!!!
- Replies: 59
- Views: 58508
- Fri Oct 29, 2004 10:17 am
- Forum: Canada / United States Tax & Accounting
- Topic: Please read/post about RRSP in US Here!!!
- Replies: 59
- Views: 58508
nternal Revenue Service has recently (April 11, 2003) issued Rev. Proc. 2003-25, which outlines the new filing requirements for U.S. persons who have an interest in or transactions with Canadian Registered Retirement Savings Plans (RRSP's). For the purpose of this document, RRSP's include RRIF's and...
- Fri Oct 29, 2004 12:44 am
- Forum: Canada / United States Tax & Accounting
- Topic: Buying Empty Lot in Canada
- Replies: 6
- Views: 11030
- Thu Oct 28, 2004 10:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Can TN Buy a house in USA?
- Replies: 11
- Views: 15460
I have always been a proponent of buying real estate... but I think you need to be realistic, and realize that you may have to rent the property and keep it as an investment property if you lose your TN job. This means you are in two separate endeavors.. a) Working on your job; and b) Real estate in...
- Thu Oct 28, 2004 4:09 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Buying Empty Lot in Canada
- Replies: 6
- Views: 11030
Residency is normally a question of fact for Canadian tax purposes, and although no definitive definition exists, CCRA looks at the number of ties you have to Canada to develop an idea of your residency. The best way to look at the situation is through common sense. If your job, family, school, bank...
- Thu Oct 28, 2004 12:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Moving a larger IRA to RRSP
- Replies: 13
- Views: 28641
I guess the main point I was trying to make is that having a tax deferred plan can be beneficial, unless you are in dire need of the funds at this time. Pre tax growth of your investments until retirement age is a major benefit, which will make your total retirement savings compound much more rapidl...
- Wed Oct 27, 2004 10:44 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Moving a larger IRA to RRSP
- Replies: 13
- Views: 28641
Well, let's examine the entire process you intend to complete... It seems that your funds are now in a tax deferred vehicle (IRA) in the U.S., and you want to move to Canada, and transfer it to another tax deferred vehicle (RRSP), and pay a 10$ penalty and U.S. non resident withholding taxes in the ...
- Wed Oct 27, 2004 2:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Welcome to our New Forum
- Replies: 1
- Views: 4785
Welcome to our New Forum
Welcome to our redesigned forums. We are pleased to announce that our new tax and accounting forum hosted by myself, and our new legal and immigration forum are now up and running. Registration is simple, free and quick, and we hope that these forums continue to provide you with the information you ...
- Wed Oct 27, 2004 2:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian On TN with US Business
- Replies: 1
- Views: 4765
- Wed Oct 27, 2004 1:40 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Inheritance
- Replies: 6
- Views: 5135