Fiction 1: YOU NEED TO PUT YOUR MONEY, WITH A FOREIGN TRUST COMPANY AND MOVE IT OFFSHORE FACT: In most cases, protected assets remain in the United States. You should NEVER trust a foreign trustee (or anybody else) with your hard earned money.... Continue reading
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Now that the IRS has announced at more than 33,000 individuals have come forward under the various and recent Amnesty programs, it is essential to look at how the internal mechanics of your filing will be handled by the IRS and/or the Criminal... Continue reading
The year 2012 finds us facing new laws and changing rules for business. It’s no surprise, the recent explosion of social media and the new cases delineating the boundaries of fair and legal use over the Internet have created a new volatile atmosphere... Continue reading
Over the years I’ve written a couple of articles stating, “the sky is falling, the sky is falling,” in reference to IRAs and their status of being protected from creditors. Well, it appears Spacelab landed with a resounding thunk in Tennessee. If you... Continue reading
The U.S. Treasury announced the current results of the Tax Amnesty that was offered for 2011 with the extended deadline of September 9, 2011. A total of more than 30-thousand individuals have come forward under the amnesty programs for 2009 and 2011. The... 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
The Internal Revenue Service just released the statistics of tax returns filed for 2009. There were 140,494,127 individual income tax returns filed for Tax Year 2009. Of those, 81,890,189 (or 58.3 percent) were classified as taxable returns. This means that 41.7 percent were... Continue reading
Wen Jiabao gave his ninth (and probably final) annual concluding address of the 11th National People’s Congress (NPC) on March 13. It was a 3-hour press conference. When was the last time you heard a world leader spend three hours giving a press... Continue reading
The White House released a statement on Sunday for Fed Secretary Henry Paulson to work directly with Congress. Secretary Henry Paulson said he is seeking the authority from Congress for the Federal Reserve Bank of New York to lend funds to the two companies... 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
