With the recent economic downturn, many U.S. citizens and Green Card Holders may want to look at renouncing their U.S. citizenship or giving up Permanent Residency Status. Although this is a true outlook, there are other more numerous reasons why an individual may... Continue reading
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I live in ground zero of the real estate crisis: Arizona. We’ve seen prices drop to pre-bubble prices, and it looks like they are going to drop some more. Not only are the investors hit with the actual losses on their real estate... Continue reading
You should seek local council when considering incorporating in Nevada or any other state. The dynamics of incorporating in Nevada have changed since July 1, 2001. You may have read the changes involving Bearer Shares. Bear Shares are now outlawed in Nevada and the reporting requirements... Continue reading
Understanding and Comparing Media Tax Incentives and Rebates The purpose of this is to discuss and compare the Media Tax Incentive and Rebates within a few selected states. The states chosen are Michigan, Pennsylvania, Georgia and Connecticut since WAR Entertainment and WAR Enterprises... Continue reading
Over the years, I have probably prepared thousands of tax returns, from the straightforward to the very complex. Tax returns that are a few pages in length to those exceeding 300 pages. No matter the size of the tax return, there are usually... Continue reading
To begin, everyone should be aware that when a person fails to report his income, there is no U.S. statute of limitations on his tax return for that income. Should the IRS find out about a foreign bank account twenty years from now, it will be subject... Continue reading
Property taxes in China are a popular topic of discussion in the Chinese press. Xinhua News on January 15 stated that property taxation, seen as a silver bullet to curb excessive growth in China’s housing prices, is causing much debate within the higher... Continue reading
Visualize, if you will, the following: I’m in a small taxi in Mumbai, having just left the hotel where I stayed during a tax conference at which I spoke. Shortly after we left the hotel, the taxi was stopped by a local policeman,... Continue reading
If you have ever checked your personal email while on the clock or picked up a text message on your personal phone, a case out of Florida portends of future trouble in the workforce for those using technology to catch up on non-work... Continue reading
The role of The Wealth Preservation Institute (www.thewpi.org) is to educate advisors on how to provide their clients with the ?best? advice. That may be advice on Medicaid planning through the Certified Medicaid Planner (CMP?) course or through the only ?advanced? education course... Continue reading
Having grown up in Brooklyn, New York, I have fond memories of going with my father to the Bell Cinema, an art-house movie theater, to watch those few foreign-language films that made it to the States. One of those films was Rashomon, by... Continue reading
The loss of profit due to theft of intellectual property rights and the protection of creative works is a serious economic problem in the United States. US-based companies, Disney, HBO, Showtime, Universal and others spend billions of dollars to create intellectual property to... Continue reading
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Financial Risk Analysis
Investments Too Risky?
It’s tough to determine which investments to use if you don’t know your own risk tolerance.Free Retirement Kit
