This is a multi-part message in MIME format. ---------------------- multipart/alternative attachment Hello,=20 I have recently started working as a management consultant in the US. I = am a canadian citizen but have not lived in Canada for many years. I = used to live in Lebanon before I moved to the US. I am currently paying = the highest tax possible on my income in the US and was wondering if = there are any ways i could lower them. Thank you =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D= =3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D=3D david ingram replies: 1. Buy yourself a rental house in Canada. Rent it out and follow the = rules in the previous email. It will give you a current tax deduction = and have you with a piece of real estate in Canada for you to come back = to if anything goes wrong. =20 After filing the NR-6, Nr-4 and Section 216(4) returns and forms in = Canada, you will have to convert the Canadian figures to American = Dollars and file Schedule E with your 1040. 2. Try participating in your employer's 401(K) plan to defer some = tax. 3. Buy a $2,000 conventional IRA in the US. A start anyway. Answers to this and other similar questions can be obtained free on Air = every Sunday morning. Every Sunday at 9:00 AM on 600AM in Vancouver, Fred Snyder of Cartier = Partners and I will be hosting an INFOMERCIAL but LIVE talk show called = "ITS YOUR MONEY" Those outside of the Lower Mainland will be able to listen on the = internet at www.600AM.com=20 Local phone calls to (604) 280-0600 - Long distance calls to = 1-866-778-0600.=20 Old shows are archived at the site. This from ask an income tax immigration planning and bankruptcy expert = consultant guru or preparer from www.centa.com or www.jurock.com or = www.featureweb.com. Canadian David Ingram deals daily with tax returns = dealing with expatriate: multi jurisdictional cross and trans border expatriate gambling refunds = for the United States, Canada, Mexico, Great Britain, the United = Kingdom, Kuwait, Dubai, Saudi Arabia, South Africa, Thailand, = Indonesia, Egypt, Antarctica, Japan, China, New Zealand, France, = Germany, Spain, Italy, Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, = Scotland, Ireland, Hawaii, Florida, Montana, Morocco, Israel, Iraq, = Iran, India, Pakistan, Afghanistan, Mali, Bangkok, Greenland, Iceland, = Cuba, Bahamas, Bermuda, Barbados, St Vincent, Grenada,, Virgin Islands, = US, UK, GB, American and Canadian and Mexican and any of the 43 states = with state tax returns, etc. income tax wizard wizzard guru advisor advisors experts specialist = specialists consultants taxmen taxman tax woman planner planning = preparer of Alaska, Alabama, Arkansas, Arizona,=20 California Denver Colorado, Connecticut, =20 Delaware District of Columbia Miami Florida,=20 Garland Georgia, Honolulu Hawaii, Idaho, Illinois, Indiana Des Moines Iowa Kansas Kentucky,=20 Louisiana Bangor Maine Maryland =20 Boston, Massachusetts, Michigan, Minnesota, =20 Mississippi, Missouri, Montana, Nebraska, =20 Nevada, New Hampshire, New Jersey,=20 New Mexico,New York, North Carolina, =20 North Dakota, Ohio, Oklahoma, Oregon.=20 Paris, Rome, Sydney, Australia Hilton Pennsylvania, Rhode Island, Rockwall,=20 South Carolina, South Dakota, Tennessee, =20 Texas, Utah, Vermont, Virginia,=20 West Virginia, Wisconsin, Wyoming,=20 British Columbia, Alberta, Saskatchewan,=20 Manitoba, Ontario, Quebec City,=20 New Brunswick, Prince Edward Island,=20 Nova Scotia, Newfoundland, Yukon and=20 Northwest and Nunavit Territories, =20 Mount Vernon, Eumenclaw, Coos Bay=20 and Dallas Houston Rockwall Garland=20 Texas Taxman and Tax Guru and wizzard=20 wizard - David Ingram's US/Canada Services US/Canada/Mexico Tax Immigration & working Visa Specialists US / Canada Real Estate Specialists 4466 Prospect Road North Vancouver, BC, CANADA, V7N 3L7 Calls accepted from 10 AM to 10 PM 7 days a week Res (604) 980-3578 Cell (604) 657-8451 Bus (604) 980-0321=20 [email protected] www.centa.com www.david-ingram.com Disclaimer: This question has been answered without detailed = information or consultation and is to be regarded only as general = comment. Nothing in this message is or should be construed as advice = in any particular circumstances. No contract exists between the reader & = the author and any and all non-contractual duties are expressly denied. = All readers should obtain formal advice from a competent financial, or = real estate planner or advisor & appropriately qualified legal = practitioner, tax or immigration specialist in connection with personal = or business affairs such as at www.centa.com. If you forward this = message, this disclaimer must be included." ---------------------- multipart/alternative attachment An HTML attachment was scrubbed... URL: http://www.centa.com/CEN-TAPEDE/centapede/attachments/89b56f88/attachment.htm ---------------------- multipart/alternative attachment--