Paying US Taxes in Canada? Attend a Free Seminar

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WINDSOR, Ontario - eTradeWire -- Are you a U.S. Citizen, Green Card holder, born on U.S. soil or born abroad to a U.S. parent and live in Canada? Do you have financial accounts in Canada or anywhere outside of the U.S.? If you have never filed U.S. tax returns or are behind on annual tax filings or reporting financial accounts, you could be subject to significant penalties up to $10,000 (USD) per account, per year unreported.

Learn how to protect your finances and restore your compliance history. Attend a free public seminar on Saturday, November 2nd in Windsor titled: Pathways to U.S. Tax Compliance & Renunciation Solutions for U.S. Citizens Living in Canada. Go to to register.

According to Mary Beth Lougen, COO of Expat Tax Tools (, the seminar will be of interest to US Citizens including "Accidental Americans" and will cover facts, forms and what to expect going forward from the IRS. Also, discussions on renunciation from a panel of experts.

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Expat Tax Tools,one of the sponsors of the event, will be available to discuss its form 8621 calculator which significantly reduces the preparation time and expertise require to complete form 8621 and their preparation services. You can contact Mary Beth in advance of the seminar with questions at or check out the website at

About Expat tax Tools:

Expat Tax Tools is an international tax software firm that offers the only commercially available application that can prepare Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. The 8621 Calculator reduces the complex 1291 & 1296 calculations to basic data entry while adjusting and tracking basis. Expat Tax tools also offers form 8621 preparation services to accountants and taxpayers who prefer to have someone else to prepare the form.

Mary Beth Lougen

Source: Expat Tax Tools
Filed Under: Accounting

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