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What is IRS e-file reject code IND-181?
IRS will reject an e-file and report rejection code IND-181 if at some past point of time you joined IRS "Identity Protection PIN"...
Daniel Gray CPA
May 8, 20201 min read
179 views
ITIN Application - USA RN Nursing licence or Student of US School with Taxable Scholarship
The biggest challenge is finding an application reason acceptable to IRS for such ITIN need. An ITIN cannot arbitrarily be issued upon...
Daniel Gray CPA
May 5, 20203 min read
1,954 views
Are the Canada Pension Plan and Canadian Old Age Security benefits taxable? Where reported?
The taxation of payments received from Canadian retirement programs that are similar to the U.S. Social Security system receive special...
Daniel Gray CPA
May 4, 20201 min read
288 views
Removing the mystery out of CRA request for IRS transcripts
There have been many questions regarding CRA requests for IRS transcripts to substantiate foreign tax credit claims on a T1 return. Does...
Daniel Gray CPA
Apr 14, 20202 min read
752 views
1040NR Sch OI Item F
Is a taxpayer required to report a historical change (i.e., not during the tax return reporting year) when answering this question: Have...
Daniel Gray CPA
Feb 12, 20202 min read
1,340 views
1040NR vs 1040 refund timing and processing
IRS says 1040NR return processing is 22-42 days. IRS doesn’t issue NOA like Canada’s CRA, so how do you check in on your check? One can...
Daniel Gray CPA
Feb 12, 20201 min read
1,150 views
ITIN for 2019 1040 filing
Your ITIN may expire before you file a 2019 tax return in 2020. If you need to file a 2019 tax return, you need to renew your ITIN now,...
Daniel Gray CPA
Feb 10, 20201 min read
30 views
Tell me that IRS won't tax USA stock dividends in my Canadian RRSP
First, Happy Holidays to all reading this! While IRS applies a non-resident 30% withholding tax to dividends paid on U.S. stocks (which...
Daniel Gray CPA
Dec 23, 20191 min read
39 views
Cannot locate your Social Security Number (SSN) to file IRS Offshore Streamlined Amnesty
IRS requires an SSN to file in the IRS offshore streamlined amnesty program. Since you have a SSN and SSN never expires, you’re...
Daniel Gray CPA
Dec 19, 20194 min read
89 views
8288 TIN Importance - FIRPTA sale
In a US property sale subject to FIRPTA, it’s obvious that the seller’s (aka transferor) TIN is important – after all it’s the seller’s...
Daniel Gray CPA US Tax Services Toronto Canada
Nov 7, 20192 min read
247 views
Unplug the IRS FIRPTA Refund Backup
It seems like more and more taxpayer refunds from US property sales are held up at IRS. Some of the delays can be prevented by an...
Daniel Gray CPA US Tax Services Toronto Canada
Oct 10, 20192 min read
255 views
Punt back your penalty to IRS if IRS provided incorrect written advice
If you received incorrect written advice from the IRS, you may qualify for a statutory exception. If you feel you were assessed a penalty...
Daniel Gray CPA US Tax Services Toronto Canada
Aug 8, 20191 min read
26 views
What’s in a name?
After a preparer and taxpayer work long and hard together to finalize a tax filing, it’s those simple easy things that can ruin the whole...
Daniel Gray CPA US Tax Services Toronto Canada
Aug 7, 20194 min read
1,167 views
Will IRS accept 8879 or 8878 e-file consent form digitally signed by taxpayer?
Will IRS accept 8879 or 8878 e-file consent form digitally signed by taxpayer? IRS says: Taxpayers have the option of using electronic...
Daniel Gray CPA US Tax Services Toronto Canada
Jun 26, 20192 min read
68 views
2 million Individual Taxpayer Identification Numbers (ITINs) Expiring
Nearly 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019. Affected taxpayers can ask our...
Daniel Gray CPA US Tax Services Toronto Canada
Jun 21, 20193 min read
41 views
Don’t try to fool IRS on FIRPTA sale by using QuitClaims
If tax avoidance and dishonesty aren’t strong enough to sway you away (IRS has alerted U.S. realtors, tax practitioners, attorneys, and...
Daniel Gray CPA US Tax Services Toronto Canada
Jun 7, 20192 min read
932 views
Stuck in ITIN-EIN no-man’s land
SS-4 EIN application responsible party is now required by IRS to possess and report an ITIN. Alas, such return-filing-exception-reason...
Daniel Gray CPA US Tax Services Toronto Canada
May 20, 20191 min read
35 views
What to do with 1042-S withholding tax credit slip you received
If all of your earnings are from treaty zero-rated withholding such as royalties from US publishers: You should claim a zero rate by...
Daniel Gray CPA US Tax Services Toronto Canada
Apr 30, 20191 min read
193 views
Pay less tax on your 1099 income
Did you receive a 1099-B from a US investment and report the capital gain on both your 1040 and T1 Canadian tax return? Brokers report...
Daniel Gray CPA US Tax Services Toronto Canada
Apr 15, 20191 min read
66 views
transition tax - 962 tax election statement language template
Many US citizen taxpayers abroad (including Canada) with transition tax issues seek tax benefit by making an IRC Section 962 tax election...
Daniel Gray CPA US Tax Services Toronto Canada
Mar 27, 20192 min read
1,299 views
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