Sent: Sunday, November 19, 2006 12:13 PM To: taxman at centa.com Subject: Canadian in USA Have you any knowledge of a firm that deals with Canadians in USA? I have property in Canada etc etc. thanks -------------------------------------- david ingram replies: I am not sure what you mean by this question. I thought that the email / website made it clear that our business was US / Canadian Income Tax preparation. I have spent the last "gasp" 43 years doing that and at one time had some 700 offices in 30 states and 4 provinces under my control. However, I am also not the only one that does that. I regularly give out other names because someone does not want to or can not deal with me. For instance, on Tuesday, I had an appointment with a lady wanting to discuss her taxes, immigration and upcoming divorce with me. I could not do it without her husband's permission as I was already doing their US and Canadian returns and at this point her husband is my client. She had known this but came to me because her banker and a friend suggested it and she did not tell them I was already filing the family returns. I was in the yellow pages for some 14 years as a divorce specialist/counsellor in property settlements and am happy to deal with both parties but they have to meet with me together and agree I am to be the mediator/counsellor in the situation. For the most part lawyers will no longer deal with both parties because of law society rules which is truly too bad. If you are looking for a US/Canada Tax consultant / preparer, I would be glad to look after you. If you need someone else for any reason, the following older answers may help you. --------------------------- Hello, You have been referred to me by a fellow Canadian living in Georgia My family moved here in July 2004. We have filed for income tax in 2004 with half/half between two countries Presently filing for 2005. We have RRSP in Canada, as well as some investments, A small business in xxxxxxxxxxx (< 20,000 / year income) which we will not likely continue to operate for long. I am wondering what your firm offers in the way of assistance? - complete income tax returns for States side - offer advice on tax strategies for US side - help develop long strategies. (should RRSP be left in Canada etc) Any information that you can provide on this would be appreciated. Thanks, ------------------------------------------------------- david ingram replies: I am happy to look after you. That is what we do although I do have to tell you that our expertise is Country to Country and not necessarily state to state. I just (for instance) found out that we do not have to file a Pennsylvania return when someone works in Pennsylvania and lives in Maryland. 43 years and I did not know that. I did have offices in 30 states at one time but not Pennsylvania and Maryland. Your 2004 returns will have been the most difficult. Your Canadian return should have had a form T1161 and likely T1243 and T1244 filed with it to look after departure tax. I am assuming there would be a departure tax because of the investments and business property you have left in Canada. Your US return should either have included your Canadian Income or have been a "dual status" 1040 return plus have included a 1040NR Dual Status Statement. Since you were in the US from July, the operation of the resort property should have been included on your US return and any tax paid to Canada claimed on form 1116. --------------------------------------- Your 2005 returns should be a 1040 plus a XXXXXXXXXX state return with schedule C to report the resort and an 1116 to claim credit for the Canadian taxes. In my opinion, you should have the same person prepare the US and Canadian returns. The following older Q & A sort of states my position ----------------------------------------------------------------- ------------ Hi – I came across your fine website. I’m looking for similar services in Montreal, QC and wondered if you could recommend someone out here. Regards, R ------- ---------------------------------------------------------------- ------------------------------------- david ingram replies: I have no recommendation for Montreal. My old office in Ottawa had a marvellous US/Canada Tax consultant, Gary Gauvin, but he has moved to Texas and I no longer have any ownership or anything else to do with the Ottawa office which bears my name. If you type - income tax expert - into Google, Gary and I usually come up in the top three or four. (www.garygauvin.com) Steve Peters with KPMG in Halifax knows his stuff. Brad Howland in Victoria is good. Steve Katz in Vancouver is really good with pension matters. In Toronto, Kevin Nightingale is one of the best that exists. The National Post's Jonathon Chevreau regularly recognizes Kevin and I in his columns. The following from an older Q & A sort of states my position ------------------------------------------ Sent: Tuesday, January 03, 2006 6:02 AM To: taxman at centa.com Subject: accountant in Toronto Hello- A friend of mine suggested that I contact you. I am an American who moved to Canada in 2005 and am looking for an accountant in Toronto who can help me with my U.S. and Canadian individual tax returns, and who can provide me with advice about what to do with my 403(b) retirement account. Thank you for your help. -XXXXXXXXXXXXXXXXX ===================================================== david ingram replies: I will start off by saying that you should mail or courier it to us as half of our clients do. However, although I have never met him, Kevyn Nightingale and I have been quoted in many articles in the National Post. Kevyn Nightingale, Suite 302 - 5001 Yonge Street North York, Ontario, M2N 6P6 Tel: 416-733-9595 / Fax: 416-733-4725 And it was a good question. I just looked at his fee structure and think I will raise mine. ----------- We will help prepare your federal and state income tax return or provincial returns. We do no online filing but will file the returns so that you can check the status online. We will do the 1040 or 1040NR or 1040X pr 1041 estate return, your Canadian T1 and in a pinch can help you look after a Mexican return as well with our Guadalajara consultant, David Holroyd. Whether it is help with specific or general information, filing, or just an estimate of the tax you will owe in a specific situation, we can calculate it for you. We can be the estimator for the tax equalization if you are being transferred from state to state or country to country. Our help is NOT free however. Typically, we charge $400 Cdn per hour for calculating, preparing or consultation service or services. We specialize in old returns so if you have not filed because of a bankruptcy or procrastination, we regularly do 10 years back for US / Canada citizens where the US citizen has failed to file while living in Canada. We can look after the TDF-90 and form 8891 RRSP reporting forms as well. David Ingram's US/Canada Services US / Canada / Mexico tax, Immigration and working Visa Specialists US / Canada Real Estate Specialists Home office at: 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Cell (604) 657-8451 - (604) 980-0321 Fax (604) 980-0325 Calls welcomed from 10 AM to 10 PM 7 days a week (please do not fax or phone outside of those hours as this is a home office) email to taxman at centa.com <mailto:taxman at centa.com> www.centa.com <http://www.centa.com/> www.david-ingram.com <http://www.david-ingram.com/> Disclaimer: This question has been answered without detailed information or consultation and is to be regarded only as general comment. Nothing in this message is or should be construed as advice in any particular circumstances. No contract exists between the reader and the author and any and all non-contractual duties are expressly denied. All readers should obtain formal advice from a competent and appropriately qualified legal practitioner or tax specialist for expert help, assistance, preparation, or consultation in connection with personal or business affairs such as at www.centa.com <http://www.centa.com> . If you forward this message, this disclaimer must be included." Be ALERT, the world needs more "lerts" --------------------------------------- Phone consultations are $400 for 15 minutes to 50 minutes (professional hour). This is not intended to be definitive but in general I am quoting $800 to $2,000 for a dual country tax return. $800 would be one T4 slip one W2 slip one or two interest slips and you lived in one country only - no self employment or rentals or capital gains - you did not move into or out of the country in this year. $1,000 would be the same with one rental $1,200 would be the same with one business no rental $1,200 would be the minimum with a move in or out of the country. These are complicated because of the back and forth foreign tax credits. - The IRS says a foreign tax credit takes 1 hour and 53 minutes. $1,500 would be the minimum with a rental or two in the country you do not live in or a rental and a business and foreign tax credits no move in or out $2,000 would be all of the above and you moved in and out of the country. This is just a guideline for US / Canadian returns We will still prepare Canadian only (lives in Canada, no US connection period) with a three or four slips and no capital gains, etc. for $125.00 up. With a Rental for $300 A Business for $300 - Rental and business likely $400 And an American only (lives in the US with no Canadian income or filing period) with about the same things in the same range with a little bit more if there is a state return. Moving in or out of the country or part year earnings in the US will ALWAYS be $400 and up. TDF 90-22.1 forms are $25 for the first and $10.00 each after that when part of a tax return. 8891 forms are generally $50.00 to $100.00 each. 18 RRSPs would be $900.00 - (maybe amalgamate a couple) Capital gains *sales) are likely $50.00 for the first and $20.00 each after that. Just a guideline not etched in stone. This from "ask an income tax and immigration expert" from www.centa.com <http://www.centa.com/> or www.jurock.com <http://www.jurock.com/> or www.featureweb.com <http://www.featureweb.com/> . David Ingram deals on a daily basis with expatriate tax returns with: multi jurisdictional cross and trans border expatriate problems for the United States, Canada, Mexico, Great Britain, United Kingdom, Kuwait, Dubai, Saudi Arabia, Thailand, Indonesia, Japan, China, New Zealand, France, Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, Iraq, Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, Iceland, Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin Islands, US, UK, GB, and any of the 43 states with state tax returns, etc. Rockwall, Dallas, San Antonio Houston Denmark, Finland, Sweden Norway Bulgaria Croatia Income Tax and Immigration Tips, Income Tax Immigration Wizard Antarctica Rwanda Guru Consultant Specialist Section 216(4) 216(1) NR6 NR-6 NR 6 Non-Resident Real Estate tax specialist expert preparer expatriate anti money laundering money seasoning FINTRAC E677 E667 105 106 TDF-90 Reporting $10,000 cross border transactions Grand Cayman Aruba Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Garland, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon. Pennsylvania, Rhode Island, Rockwall, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming, British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec City, New Brunswick, Prince Edward Island, Nova Scotia, Newfoundland, Yukon and Northwest and Nunavit Territories, Mount Vernon, Eumenclaw, Coos Bay and Dallas Houston Rockwall Garland Texas Taxman and Tax Guru and wizzard wizard - consultant - expert - advisor -advisors consultants - gurus - Paris Prague Moscow Berlin Lima Rio de Janeiro, Santaigo New York, Boston, Sacramento, Minneapolis, Salem, Wheeling, Philadelphia, Pittsburgh, Atlanta, Pensacola, Miami, St Petersburg, Naples, Fort Myers, Cape Coral, Orlando, Atlanta, Arlington, Washington, Hudson, Green Bay, Minot, Portland, Seattle, St John, St John's, Fredericton, Quebec, Moncton, Truro, Atlanta, Charleston, San Francisco, Los Angeles, San Diego, Sacramento, Taos, Grand Canyon, Reno, Las Vegas, Phoenix, Sun City, Tulsa, Monteray, Carmel, Morgantown, Bemidji, Sandpointe, Pocatello, Bellingham, Custer, Grand Forks, Lead, Rapid City, Mitchell, Kansas City, Lawrence, Houston, Albany, Framingham, Cambridge, London, Paris, Prince George, Prince Rupert, Whitehorse, Anchorage, Fairbanks, Frankfurt, The Hague, Lisbon, Madrid, Atlanta, Myrtle Beach, Key West, Cape Coral, Fort Meyers, Berlin, Hamburg Warsaw, Auckland, Wellington, Honolulu, Maui, Kuwait, Molokai, Beijing, Shanghai, Tokyo, Manilla, Kent, Winnipeg, Saskatoon, Regina, Red Deer, Olds, Medicine Hat, Lethbridge, Moose Jaw, Brandon, Portage La Prairie, Davidson, Craik, Edmonton, Calgary, Victoria, Vancouver, Burnaby, Surrey, Edinburgh, Dublin, Belfast, Glasgow, Copenhagen, Oslo, Munich, Sydney, Nanaimo, Brisbane, Melbourne, Darwin, Perth, Athens, Rome, Berne, Zurich, Kyoto, Nanking, Rio De Janeiro, Brasilia, Colombo, Buenos Aries, Squamish, Churchill, Lima, Santiago, Abbotsford, Cologne, Yorkshire, Hope, Penticton, Kelowna, Vernon, Fort MacLeod, Deer Lodge, Springfield, St Louis, Centralia, Bradford, Stratford on Avon, Niagara Falls, Atlin, Fort Nelson, Fort St James, Red Deer, Drumheller, Fortune, Red Bank, Marystown, Cape Spears, Truro, Charlottetown, Summerside, Niagara Falls, Albany STAR WARS international non-resident cross border income tax help assistance expert preparation & immigration consultant david ingram, experts on rentals mutual funds RRSP RESP IRA 401(K) & divorce preparer preparers consultants David Ingram gives expert income tax & immigration help to non-resident Americans & Canadians from New York to California to Saudi Arabia to Mexico to China or Chile - Cross border, dual citizen - out of country investments are all handled with competence & authority. -------------- next part -------------- An HTML attachment was scrubbed... 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CEN-TA Cross Border Services - Tax, Visas, Immigration
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