On April 2, 2009 the U.S. Treasury rolled out a Voluntary Disclosure program (expiring on September 22, 2009). The goal of this program is to bring into the fold undisclosed foreign bank accounts and with them, a lot of tax revenue. The voluntary disclosure program is confiscatory and will ...
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Written by admin on August 8th, 2011
Written by admin on August 2nd, 2011
You know June 30th is the last day to report your foreign bank accounts details (fbar) to IRS. So remember, if you're an American citizen, and have over K in foreign bank account, savings ...
Written by admin on July 27th, 2011
Article by Nicky Michael
Section 1031 in the Internal Revenue Service is a boon for a prospective investor, selling an investment property and wanting to make a profit by reinvesting in a similar property elsewhere in the country. This wonderful concept works on the principle of gain rolling from the ...
Written by admin on July 23rd, 2011
The legal arrangement referred as a trust is entitled for developing various strategies for accomplishing & formulating estate planning, asset protection and privacy benefits for the settlers and beneficiaries (those who are entitled to ...
Written by admin on July 23rd, 2011
Article by Jeff Casmer
A few years ago if you had said that the economy was in decline I would have panicked like everyone else but because I work at home I'm not crying in a corner wondering what I'm going to do. Working at home offers many benefits. Of ...
