Gambling Refund Disallowed by the IRS
Posted on 10. Jan, 2011 by Phil Hogan, CA.
Tweet Question Phil, I know you don’t know me from a hole in the ground and I know you are out to make money but I thought I’d ask anyhow. I’m a XXXXXX in XXXXX but US Tax law isn’t my forte. I have had an ITN for more than 10 years and have filed [...]
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5 Years of past due Canadian tax returns.
Posted on 12. Dec, 2010 by Phil Hogan, CA.
Tweet Question Hi, I hope you can help. I’ve neglected to file my Canadian taxes for the last 5 years (please no lecture thanks….I know I’ve been bad)… I’m self employed and I’m finally caught up with all my bookkeeping records. I’ll be taxable in 2007 to 2009 and not taxable in prior years. To [...]
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Gambling US Tax Refund for Canadian
Posted on 12. Dec, 2010 by Phil Hogan, CA.
Tweet Question Hello Phil, I recently came back from a trip to Las Vegas where I won over $20,000 in winning on a slot machine (crazy since I never really gamble). The casino withheld 30% of my winnings and gave me a 1042-s form. I heard you can help me recover some of this gambling [...]
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How to make you mortgage interest deductible – David Ingram video
Posted on 20. Nov, 2010 by Phil Hogan, CA.
Tweet I wanted to share this great video with everyone. In this video David Ingram answers a viewers email about how to make your mortgage interest deductible. Enjoy! Right now what I want to talk to you about is Mortgage Interest as a deduction in Canada. And I’m going to start of with a little [...]
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Reduce the amount of tax withholdings from you paycheque
Posted on 14. Nov, 2010 by Phil Hogan, CA.
Tweet Question Dear Phil, I stumbled upon your website while searching internet for information on tax payments. My income tax is being deducted from each paycheck. My spouse is self employed and pays taxes once a year. Because of the nature of her business (real estate) she can go for months without income and then [...]
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Foreign Tax Credit for Taxes on Swiss Tax Returns
Posted on 13. Nov, 2010 by Phil Hogan, CA.
Tweet Question Hello, I lived in Switzerland for a few years and I failed to file my US returns. I’m a US citizen, currently residing in the US but I have been living in Switzerland for a few years. I’m currently catching up with my delinquent US returns and I just have a small question [...]
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US Citizen moving to Canada – Possible expatriation tax
Posted on 11. Nov, 2010 by Phil Hogan, CA.
Tweet Question Hello Mr. Hogan, I’ll be moving from California to Canada in February of next year and I just wanted to get a sense for any tax implications that I need to be considering before I make the move. Let me give you some background of my situation: I’m 59 years old. I’m married, [...]
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Canadian non-resident selling property situated in Canada
Posted on 08. Nov, 2010 by Phil Hogan, CA.
Tweet Question I have owned a residence on Vancouver Island since 2003. I used it as a seasonal residence for myself and wife (our two sons were born in Canada) until 2007 when I took a Doctoral program in my field in Traditional Chinese Medicine in Victoria.for two years until 2009. Shortly before my student [...]
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Moving to the US from Canada – Tax implications
Posted on 07. Nov, 2010 by Phil Hogan, CA.
Tweet Question Hi Phil, Thanks for a well-written and timely article on US-Canada cross border tax issues. I am one of the many working professionals who is about to face the complications as described in your article (http://philhogan.com/cross-border-tax/tax-consequences-of-emigrating-leaving-from-canada/) A bit on my background: I am a Canadian permanent resident living in (Canadian Province) for the [...]
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Canadian gifting money to their US citizen Son
Posted on 07. Nov, 2010 by Phil Hogan, CA.
Tweet Question Hello.. Can you please answer for me: I am Canadian, and my grown son lives in the USA, and recently became a US Citizen. If I “gift” him money (such as for a down payment on a house).. will he be required to report this on his taxes? I searched everywhere on the [...]
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