On April 2, 2009, the IRS announced they will reduce the penalty for not filing a Report of Foreign Bank and Financial Account, known as a FBAR Form. The current penalty is up to fifty percent (50%) of the highest annual balance of each account for each of the last 3 years. The 50% penalty … Read more
As a new comer to the world of investments, you may have heard of the term investment fund, but are not entirely sure what it means. Keep reading to find out about various investment options you can choose to put your money into for a return on investment. There are investment companies that pool the … Read more
What caused the Financial Melt Down? The first step to extricating ourselves from this financial mess is to understand what happened. I happened to have a front row seat to the collapse and I intend to share with you exactly what I believe caused this disaster. I am a licensed real estate agent and I … Read more
Foreign exchange market or Forex is where people buy and sell currencies of different countries based on Forex news regarding the movements of the currencies. The profit or loss from this trading stems from the difference of the value of a particular currency at the time of its purchase and at the time when it … Read more
The wealth you have accumulated throughout your life is now worth a substantial amount to your heirs. Estate planners can help you do it in the most tax efficient manner possible. Common issues that many individuals will face will need to be discussed with a estate tax attorney. You can also get the help of … Read more