QUESTION: Can an IBC make an election to be treated as a disregarded entity by the IRS? REPLY: Probably. For those not familiar with the election to be treated...
I would appreciate some help from members of this list who are professionals in web marketing. Specifically, I'm trying to find a method of identifying the...
QUESTION: As far as I understand, a Panama S.A. corporation can not file 8832 to be a disregarded entity and is hence subject to ordinary income taxes on...
QUESTION: If a U.S. individual owns a foreign corporation, and that corporation has income from U.S. sources, are both Form 5471 and Form 1120-F required? On...
New Zealand Seminar Resurrected Last year David Tanzer & Associates, PC. and Offshore Press co-sponsored a seminar in New Zealand that we called the "Escape...
This is a two part exchange with a member of this list who doesn't agree with my views about whether a foreign variable life insurance policy needs to be...
QUESTION: How does one go about finding an aggressive, competent tax preparer? I don't make a lot of money, but my taxes are becoming more complex due to my...
QUESTION: Just ordered "offshore tax strategies" and it reminded me that you mentioned back in September that there was some updating to the Controlled Foreign...
QUESTION: It is my understanding that owning a variable offshore annuity would result in the owner checking "No" on his income tax return for foreign ownership...
QUESTION: I am interested in offshore variable annuity, however I have searched for the Code authority granting tax deferred status to a foreign variable...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Jan 31st - Due Date for Information Returns Wednesday January 31, 2007 ...
QUESTION: Do you think a variable annuity without a living/death benefit rider would be a viable alternative to setting aside money for a charity instead of a...
QUESTION: My IRA has invested in some offshore real estate. Because an IRA may establish a deposit account in a foreign jurisdiction, are all the other filings...
QUESTION: In regards to the capital gains on the asset used to fund a Foreign Commercial Deferred Variable Annuity owned by a foreign corporation, would there...
Yes, it is a prohibited transaction; however, the DOL has allowed an exception to this transaction and has allowed it to occur under certain circumstances....
That is a prohibited transaction no doubt about it. I have a whole IRA module in my course on investing in real estate and who you can and can't do it with. ...
QUESTION: According to an investment newsletter, If your prime or second residence has a first mortgage through a bank, your self-directed IRA is allowed to...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Jan 15th - 4th Quarterly Due Date Monday January 15, 2007 All Day (This...
Happy New Year to all of you ! Hopefully, the new year will be both prosperous and free of further restrictions on our liberties, but I'm somewhat apprehensive...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Deadline to Set up Keogh Plan Sunday December 31, 2006 12:00 am - 1:00...
You probably get a lot of requests for charitable contributions at the end of the year, as I do. So it becomes a question of choosing between various worthy...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Dec. 31st - Final Est. State Tax Sunday December 31, 2006 All Day (This...
COMMENT: The information about your book on how to legally save taxes seems to be full of a lot of technical hair-splitting stuff that takes a lot of time and...
QUESTION # 1 - I have a book entitled "Tax Havens of the World" written by Thomas Azzara. The book was published in 1993. It states "with proper planning a...
One of the most common motivations for those who venture offshore is the belief that they can avoid or defer U.S. income taxes with a foreign bank account, a...
Reminder from the Calendar of JacobsReport http://groups.yahoo.com/group/JacobsReport/cal Escape to New Zealand Symposium Wednesday December 6, 2006 All Day ...
The Jacobs Report is a moderated list that is open to the public. It is basically an announcement/newsletter type of list. I have found in the past that...
QUERY: Though you speak favorably of offshore variable annutities, aren't there substantial commisions accompanying these financial instruments? - in...
COMMENT(1): In your reply to the person who sent you the "questionbable claims", You should have been more blunt and said that some of the assertions were B.S....
QUESTION: Thought this might be of interest to you. It's a copy of portions of an email memo I received. This doesn't quite smell right. Your thoughts? "For...
