Article by Stephen Dun (Forbes magazine) which outlines some of the issues that US citizens living in Canada have to face regarding their US tax obligations. One of the big new forms that is being introduced next year is Form 8938 – Statement of Specific foreign property.
Check it out, and let us know if we can help you with your US/State tax returns – we can assist you with those as well!
http://www.forbes.com/sites/stephendunn/2012/03/18/oh-canada-our-home-and-adoped-land/
Kul, CA – Tax and Accounting services
kultax@me.com