fbpx
Home Blog Page 25
Question Hello, I have a question...I'm planning on moving to Canada (I'm a US citizen) in the next few months and I'm wondering whether I should convert my existing IRA ($200,000) to a ROTH IRA or enter Canada and roll it...
Question Hello Phil, I have what I hope is a simple question. If a Canadian resident earns interest income on money invested in the US, does the Canadian resident then have to file US income tax? If so, is an ITIN number needed by...
Question Hi Phil I own a BC corporation and I'm starting to do some business in California. I sell online goods to residents of California and I plan on expanding the business to other states on the west coast and perhaps...
Question Hi I run a successful online marketing business in Vancouver that I have been involved with since 2002. I'm getting a lot of conflicting advice on whether or not I should incorporate by business. Let me give you some facts...
Question Hello, I've lived in Canada for over 22 years and I haven't filed a US tax return since I moved here (Ontario). Is the IRS going to want 22 years of tax returns filed? I don't think I could even...
Question Hello, I moved from Canada in 2003 and left my RRSP in Canada. I'm planning on withdrawing $10,000 from the RRSP this year. How much Canadian tax will they withhold? Thanks for your time. XXXXX Answer Hi XXX Canada will withhold 25% of the RRSP...
Question Hello, Just wanting to get some advice on withdrawing my RRSP to pay my house here in the US. I am a dual citizen living in the states. Worked in canada for 10 years, about 10 ago. Thank You...
Question Great website!   Here is my situation...please let me know if you can help.  Thank you... I left Canada (XXXXXX) about 9 years ago (in XX) and moved to California, where I now live.  When I left Canada, I filed my...
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...
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....
Cross Border Tax NewsletterSign up for our Cross Border Tax Newsletter