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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Lately, we have been hearing the acronyms SOPA and PIPA; most people are wondering what they stand for and what are the effects? Imagine a world with no Twitter, Facebook, Wikipedia, YouTube or any other site with user-generated content. If the far-reaching legislation... Continue reading
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
So many couples stay married longer than they should because they fear that they can’t afford a divorce. They fear they can’t afford to hire a lawyer. They fear they can’t afford to maintain a separate household. They fear the unknown. Understanding the... 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
Update: Tax Amnesty for Non-Reporting of Foreign Bank Accounts As you may recall from my last in a series of articles on tax amnesty, U.S. taxpayers who failed to file disclosure forms were alerted by the U.S. Treasury on September 21, 2009 of... 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
An additional 9 European banks are under investigation for suspicion of helping wealthy U.S. citizens avoid U.S. reporting and taxation. German, French, Luxemburg, Lichtenstein, Spanish, Dutch and English banks are also becoming the brunt of investigations from their own governments for relinquishing private... Continue reading
As the year 2014 quickly comes up on the calendar, we have to ask ourselves whether playing Russian roulette with a foreign bank account is still exciting or just too risky. There has been a lot of talk about the U.S. not being... 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 Media and Entertainment Industry It is so absolutely financially lucrative and exploitive to commerce that it has its own acronym, M&E, for Media and Entertainment. Most people know the industry as a bunch of stars that voice their opinion too much, party... 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
