QUESTION: We (myself and my wife) are filing our 1040 jointly. I had a foreign bond during 2003 valued at about $7500 and this acount was under my name alone...
106
Vernon K. Jacobs
vernjacobs
Apr 26, 2004 8:27 pm
QUESTION: If someone sends me a payment to my e-gold or e-Bullion account, is that considered taxable income in the eyes of the IRS? I've heard that it is not...
107
Vernon K. Jacobs
vernjacobs
Apr 27, 2004 7:26 pm
Here are links to some tax related resources and news. 21 Articles about international tax scams, schemes, myths and hoaxes ...
108
Vernon K. Jacobs
vernjacobs
Apr 30, 2004 8:37 pm
The "Corporation Sole" scam has been around for many decades but the IRS claims it is being actively promoted again. According to the IRS, "Used as intended,...
109
Vernon K. Jacobs
vernjacobs
May 3, 2004 8:00 pm
QUESTION: Suppose an overseas investment company issues to me a check dated April 4, 2004 in the amount of US $50,000. It then takes 8 days for the check to...
110
Vernon K. Jacobs
vernjacobs
May 4, 2004 8:14 pm
QUESTION: Let's say you have a corporation filed in the Bahamas and it is owned 100% by a C corporation filed in Nevada. Who is responsible for the US taxes...
111
Vernon K. Jacobs
vernjacobs
May 4, 2004 8:50 pm
QUESTION: How do companies such as Stanley Tools enjoy tax benefits from being incorporated in Bermuda if it is a controlled foreign corporation? REPLY: The...
112
Vernon K. Jacobs
vernjacobs
May 4, 2004 8:54 pm
QUESTION: If someone buys either foreign real estate, or a foreign time share in real estate as an investment, and there is no income generated from this...
113
Vernon K. Jacobs
vernjacobs
May 12, 2004 6:23 pm
QUESTION: Are you familiar with the idea of Joint Stock Companies and asset protection. I got a call from someone who sets up Texas Joint Stock Companies...
114
Vernon K. Jacobs
vernjacobs
May 14, 2004 5:18 pm
If you don't get a large volume of emails, you may not have received any "phishing"; emails yet. But be assured that you soon will because the problem is...
115
Vernon K. Jacobs
vernjacobs
May 24, 2004 8:01 pm
Offshore Alert is sponsoring a three day conference on Due Diligence and Asset Recovery at the The Biltmore Hotel in Coral Gables, FL, USA on October 13-15,...
116
Vernon K. Jacobs
vernjacobs
Jun 1, 2004 8:51 pm
QUESTION: My wife and I both work. She is in Graduate school and we need to get her a new computer among other things. Is there a possibility for tax...
117
Vernon K. Jacobs
vernjacobs
Jun 2, 2004 7:58 pm
QUESTION: I purchased your "Controlled Foreign Corporation Tax Guide", second edition, because I have a new client, which has the following relationships with...
118
Vernon K. Jacobs
vernjacobs
Jun 4, 2004 8:42 pm
QUESTION: John Kerry keeps mentioning how U.S. companies are getting some kind of tax break from outsourcing jobs. Can you describe what kind of tax breaks are...
119
JacobsReport@yahoogro...
Jun 8, 2004 5:02 am
We would like to remind you of this upcoming event. June tax due dates Date: Tuesday, June 15, 2004 Time: All Day June 15th is the due date for the second...
120
Vernon K. Jacobs
vernjacobs
Jun 8, 2004 4:03 pm
QUESTION: I've subscribed to your publications before and am interested in doing so again. In fact, I'm considering limiting my practice to offshore tax and...
121
JacobsReport@yahoogro...
Jun 16, 2004 5:02 am
We would like to remind you of this upcoming event. File Form TD F 90.22.1 Date: Wednesday, June 30, 2004 Time: 12:00AM - 1:00AM CDT (GMT-05:00) If you or a...
122
Vernon K. Jacobs
vernjacobs
Jun 16, 2004 8:55 pm
QUESTION: I was just reading the section of your Web site on the taxation of foreign mutual funds, and I was curious why you concluded your discussion of the...
123
Vernon K. Jacobs
vernjacobs
Jun 22, 2004 4:23 pm
An email from a CPA web site arrived in my in-box with an article about "How Accountants Can Form Business Entities Without Practicing Law". The clear purpose...
124
JacobsReport@yahoogro...
Jun 23, 2004 5:02 am
We would like to remind you of this upcoming event. File Form TD F 90.22.1 Date: Wednesday, June 30, 2004 Time: 12:00AM - 1:00AM CDT (GMT-05:00) If you or a...
125
Vernon K. Jacobs
vernjacobs
Jun 25, 2004 4:18 pm
I'm an attorney-CPA in California and a long-time supporter of you and your efforts. You really hit on something with that email regarding CPA's preparing ...
126
Vernon K. Jacobs
vernjacobs
Jun 30, 2004 5:03 pm
Since I gave recognition to an attorney-cpa who agreed with me regarding the practical problems of distinguishing between entity formation services and closely...
127
JacobsReport@yahoogro...
Jul 1, 2004 5:02 am
We would like to remind you of this upcoming event. Returns due July 15th Date: Thursday, July 15, 2004 Time: All Day July 15th is the due date for income tax...
128
Vernon K. Jacobs
vernjacobs
Jul 12, 2004 4:45 pm
This year's International Residence & Real Estate Conference, again co-organised by MGI and Henley & Partners, will be held at the Widder Hotel, one of the...
129
JacobsReport@yahoogro...
Jul 17, 2004 5:02 am
We would like to remind you of this upcoming event. July 31st Tax Returns Due Date: Saturday, July 31, 2004 Time: All Day July 31st is the due date for filing...
130
Vernon K. Jacobs
vernjacobs
Jul 22, 2004 9:17 pm
QUESTION: I believe that where a corporation has both a net operating loss (NOL) and capital loss carryback the rule is that the Capital loss carryback must...
131
Vernon K. Jacobs
vernjacobs
Jul 22, 2004 9:35 pm
QUESTION: Here is a question I get a lot. I have foreign clients who have the following: 1. Single-member LLC or LLC taxed as a partnership. 2. Owned 100% by...
132
Vernon K. Jacobs
vernjacobs
Jul 23, 2004 4:00 pm
A subscriber sent me an email saying in effect that she was confused by my occasional discussions about domestic tax law because she expected that this email...
133
Vernon K. Jacobs
vernjacobs
Jul 27, 2004 4:44 pm
Dr. Robert (Bob) Munro, Professor of Law at the University of Florida College of Law, is co-author of "The Scottish Invention of America, Democracy and Human...
134
Vernon K. Jacobs
vernjacobs
Jul 27, 2004 4:49 pm
Two of the editorial advisors for Offshore Press have collaborated to produce a different kind of book about the subject of asset protection. The full name of...
