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How to Report Canadian Retirement Accounts

Canadian Retirement Account Reporting

Reporting on Form 8891 No Longer Required

The Internal Revenue Service recently made it easier for taxpayers who hold interests in either of two popular Canadian retirement plans to get favorable U.S. tax treatment and took additional steps to simplify procedures for U.S. taxpayers with these plans. This change took place in October of 2014, but recently with the onset of the change,...
Commonly Asked Questions Regarding Foreign Tax Obligations
What are my Foreign Tax Filing Requirements?  The IRS recently reminded persons with foreign connections of pending deadlines and other filing requirements in news release IR 2015-70. The IRS has provided filing advice for persons who had 2014 connections to foreign countries. If you were a U.S. citizen and/or resident alien in 2014, including those with dual citizenship who have lived or worked abroad during all...
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