QUESTION: I read your article in the June 2005 issue of the Tax Adviser (Reporting and Disclosing Foreign Financial Accounts) and found it very informative....
The main reason I have not been sending messages to this group for the past two weeks is because I've been tied up with preparing amended returns for a client...
The Truth about Cell Phones and the National Do Not Call Registry If you've received an e-mail telling you that your cell phone is about to be assaulted by...
If there are any members of this list who are using the Internet to market and distribute digital products, I need some help in finding a more reliable system...
QUESTION: A foreign grantor set up a grantor trust prior to September 19, 1995 and the trust meets the requirements for grandfathering under the 1996 Act....
QUESTION: I read with interest your comments on the requirements to file the Treasury Department's Foreign Bank A/c form. Do these requirements also apply to...
QUESTION: I notice the disclaimer at the bottom of your memos that the memo is not a covered opinion and can't be used to avoid potential penalties. What is a...
QUESTION: Could you please be more explicit on what "funds" fall into the PFIC (Passive foreign Investment Company) category - perhaps by way of example. I'm...
A great many of the memos that I write in The Jacobs Report are about restrictions and limitations on various attempts to avoid taxes. This is not because I...
We would like to remind you of this upcoming event. Sept. 15th - Form 1120 Due Date Date: Thursday, September 15, 2005 Time: All Day September 15th is the due...
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We would like to remind you of this upcoming event. Sept. 15th - 3rd Estimated Tax Payment Date: Thursday, September 15, 2005 Time: All Day September 15th is...
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The 4th OffshoreAlert Due Diligence Conference: International Research, Investigations, & Compliance Dates: Nov. 14-15, 2005 Location: Fontainebleau Resort,...
QUESTION: I am a US citizen and am interested in investing in offshore ETF's found at www.indexchange.com . I understand the dificulties in investing in...
QUESTION: Are there rules about how much money you hold in e bullion? Do you have to report over 10000 dollars in e bullion? DO you have to pay what rate for...
QUESTION: I believe I will qualify for the foreign earned income exclusion, but I will be living and working in a country where I will not be paying any taxes...
QUESTION: If a U.S. person uses an International Business Company (IBC) as a trustee of an offshore trust that is a US Grantor Trust and has a US Trustee, do...
Question: I've heard that the main reason why foreign trusts are popular for asset protection purposes is because the person who forms the trust can be both a...
The Sept. 27, 2005 issue of the International Wealth Protection Monitor has been posted to the Offshore Press paid subscriber's web site. The following are the...
The following comments were sent to me by a subscriber. Vern I attended a seminar presented by Ed Pankau in Denver a few years back. Bought his book "Hide...
We would like to remind you of this upcoming event. Oct. 15th Tax Return Due Date Date: Saturday, October 15, 2005 Time: All Day October 15th is the final due...
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QUESTION: I am trying to open an account in an offshore bank. Can you tell me .... 1. Whether any bank can request an inquiry of the source of my money? 2....
QUESTION: I am looking to invest as an individual and have see different HYIP and other private off-shore programs. As a US Citizen can I legally invest in...
QUESTION: A domestic revocable living trust used mainly to avoid probate taxes is not required to file any kind of reports to the IRS. The income is simply...
QUESTION: Why haven't you commented on the recommendations of the President's Advisory Panel on Tax Reform? REPLY: I haven't commented in this forum for a...
QUESTION: A Cayman Islands trust fund has been willed to me by a deceased relative, who was a citizen of Cayman. It is still in probate court so I was...
QUESTION: If I owned an IBC offshore, and I wanted to repatriate about $250,000 to purchase a condo in the US, how could I bring that money back without...
QUESTION: If a US CITIZEN wanted to purchase a home in another country like Thailand and lived in it, can their IRA be moved without penalty or can a loan be...
QUESTION: My father died almost two years ago and we are finally able to spend some time researching an overseas trust that he had opened in 1998. For some...
Richard Duke and Gideon Rothschild were Selected by Worth for Top 100 Lawyers List The December 2005 issue of Worth Magazine includes a list of the top 100...
