Thursday, July 29, 2010

Where can i find free tax advice for Americans living in Canada?

Unfortunately the U.S. requires its citizens to file and pay tax regardless of residency.





If you are living in Canada and meet certain requirements, you can claim a foreign earned income exclusion on your U.S. return.





http://www.irs.gov/businesses/small/inte鈥?/a>Where can i find free tax advice for Americans living in Canada?
I recently moved to Canada but still work in the states. It really sucks because many things are deductable in Canada or the US but not both so you still pay taxes on one side or the other. I'd advise seeking out an accountant that is both chartered in Canada and a US CPA. Should be $300-500 but I easily saved more than that from their expertise applied to my specific situation. Best of luck!Where can i find free tax advice for Americans living in Canada?
First establish you status of resident by logging into web site.


http://www.cra-arc.gc.ca/tax/nonresident鈥?/a>





Most of your info found on /www.cra-arc.gc.ca/tax
Check out irs.gov or go to a tax preparer like H%26amp;R Block who have offices in both countries.

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