The due date for the Federal form 1040 and the first estimated tax payment for 2007 this year is Tuesday, April 17th. The 15th falls on a Sunday, which would...
QUESTION: I've just discovered that a Panama corporation that I formed is treated as a controlled foreign corporation and that I have to file a Form 5471 for...
QUESTION: Your controlled foreign corporation book says that passive income includes interest, dividend, capital gain, etc. However, on the IRS web site ...
QUESTION: I established a Family Foundation and IBC in Panama in 2006. I have the legal incorporation documents sent to me by the company I worked with in...
QUESTION: It was brought to my attention by another CPA that income earned overseas is only taxed when brought back to the US. Is this correct? I have never...
QUESTION: Of the many, many books on the market dealing with asset protection, can you list the few, Mr. Jacobs, that in your view have some merit? REPLY: If...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal May 15th Due Date for Exempt Organizations Tuesday May 15, 2007 All Day...
JacobsReport@yahoogro...
May 1, 2007 5:01 am
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The following is a correction to the automated due date reminder notice that was sent yesterday regarding the filing date for the Form 990 for trusts. (Vern) ...
QUESTION: I live in New Jersey and work in Angola on a 28/28 rotation cycle. My fiance works in NJ and we live there together in a home that we jointly own....
QUESTION: I recently purchased your book for a specific item I wanted to check on regarding foreign currency gains/losses. I did not find this in the book,...
QUESTION: I plan to become a partner with a business associate with an LLC formed in the U.S. However I would prefer not to be listed directly with this...
Richard Duke and I have finished an extensive expansion and update of our Controlled Foreign Corporation Tax Guide. We would welcome and appreciate review...
On Friday I posted an offer to send up to 20 free digital review copies of the new 3rd Edition of the Controlled Foreign Corporation Tax Guide. Within less...
QUESTION: I am one of 3 managing partners in a family owned corporation whose assets are entirely in real estate, including farms, residential and commercial...
Note: I received the following memo today, which is the first notice I have of this problem. And, for some strange reason, I have not received the same...
After posting the message about the unauthorized calendar item in the Jacobs Report calendar function, I took another look at the settings for that function...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal June tax due dates Friday June 15, 2007 All Day (This event repeats...
JacobsReport@yahoogro...
Jun 8, 2007 5:02 am
467
Now that Richard Duke and I have finished the Third Edition of our Controlled Foreign Corporation Tax Guide, I'd like to respond to those of you who have...
QUESTION: Your book speaks to expatriation. It says social security benefits are subject to income tax. This implies social security benefits are paid after...
The Foreign Financial Account Report is Due on June 30th Taxpayers who have signature authority over a foreign financial account, or who have a financial...
QUESTION: I'm one of your subscribers to the Wealth Protection Library, but I'm having a little trouble finding information on how foreign (non-US citizens)...
QUESTION: We have a client who needs to send the FBAR forms. However he can only send by FEDX who will not deliver to PO Boxes. I was wondering if you have a...
After my message yesterday regarding the problem of sending a copy of the Foreign Bank Account Report (TDF 90-22.1) to the Treasury Dept. PO Box in Detroit, I...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal File Form TD F 90.22.1 Saturday June 30, 2007 12:00 am - 1:00 am (This...
JacobsReport@yahoogro...
Jun 16, 2007 5:02 am
475
QUESTION: A corporate client of ours in the USA has a qualified money purchase pension plan that has formed a wholly owned offshore subsidiary. This is a...
QUESTION: On 2/2/2005 you stated: "One of the less expensive ways to move some money offshore and to legally defer the payment of taxes is with an offshore...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal File Form TD F 90.22.1 Saturday June 30, 2007 12:00 am - 1:00 am (This...
JacobsReport@yahoogro...
Jun 23, 2007 4:57 am
478
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Returns due July 15th Sunday July 15, 2007 All Day (This event repeats...
JacobsReport@yahoogro...
Jul 1, 2007 4:57 am
479
Our automated calendar sent out a reminder that July 15th is the due date for forms 1041 and 1065 if an automatic three month extension had been requested....
Our automated calendar sent out a reminder that July 15th is the due date for forms 1041 and 1065 if an automatic three month extension had been requested....
