FBAR – U.S. TAXPAYER REPORT OF FOREIGN BANK & FINANCIAL ACCOUNTS – FORM TD F 90-22.1

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

Family Saving Trusts and Asset Protection

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 receive trust’s income or principle either currently or at some time in future). It has been around for several hundred years. … Read more

Asset Allocation: Investing by the Numbers

Uno. Asset Allocation is an investment planning tool, not an investment strategy… few investment professionals understand the distinction. Investment strategies are used to implement the asset allocation formula that investment planning produces. Many investors incorrectly believe that investment planning and financial planning are one and the same. Financial planning is the broader concept, one that … Read more

Looking for paralegal jobs- NYC has them

If you are a person who holds a valid degree in paralegal studies and ready to assist attorneys and judges in their work and simplify their time management then the city of New York have certain exciting job offers for you. This articles aims at giving you information regarding those jobs. Take a look at … Read more