QUESTION: I've been reading a lot of the material on your web site and a number of other web sites. And I've asked for advice from a variety of professionals...
QUESTION: I saw your post on the Tax Almanac web site and had a question on foreign corporations. My client's California LLC decided to branch out into Canada....
QUESTION: Why don't you discuss some ways to avoid taxes in this forum? All you ever do is to pass on the IRS propoganda about what forms to file and when. And...
I've been pre-occupied with getting some tax returns done before the September 15th deadline (for corporations) and the October 15 deadline (for individuals,...
The IRS announced tax relief for Texas taxpayers in the Presidential Disaster Area that was struck by Tropical Storm Erin on Aug. 14, 2007. The disaster area...
QUESTION: Where can I get information on setting up a foreign irrevocable trust? If I set up such a trust and file the gift tax return, is there any future US...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Form 720 Premium Excise Tax Wednesday October 31, 2007 8:00 am - 4:00...
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QUESTION: Are there any tax strategies for copyright ownership? Such as owning the copyright in one corp. and producing and distributing the book/manual in...
QUESTION: My client is both a US and an Italian citizen. He resides, works and pays taxes in the US. His mother, who resides in Central America, is an Italian...
QUESTION: I have a client who is setting up an investment fund in Bulgaria, which will have some US shareholders, and will definitely meet the definition of a...
QUESTION: Most mutual funds in India are now partnerships with US companies like Merrill, Prudential, etc. and actively buying/selling shares in the Indian...
QUESTION: Are foreighn incorparted corparations allowed to own property in the united states? i.e. planes, cars,boats, homes etc etc? Also are foreighn...
QUESTION: Thanks again for your informative reports. I am although disappointed as I am still waiting for query sent days ago. Are just promoting your site by...
QUESTION: I have a client who recently got a $2.5 million judgment against him. He has around $1.5 million in airplanes in a 501 (c) (3) corporation that is...
QUESTION: One of your articles states that the proceeds of an annuity are protected from creditors in the state of Colorado. But I can't find any lawyers who...
Question: Has anyone had any experience with late-filed Form 5471 (or some of the other more obscure information forms) using a Form 1040X as a vehicle? Is...
QUESTION: On the topic of passive foreign investment companies (PFICs), wouldn't it be possible to avoid the draconian PFIC regulations by holding these...
The following is a response to the memo I sent out a couple of days ago about using to an IRA to purchase shares of a passive foreign investment company or...
The following comments were submitted in response to the last memo that raised a question about why anyone in the U.S. would want to invest in a foreign mutual...
I frequently don't sign up for tax conferences in advance because I want to see if there are any conflicting obligations to clients. With rare exceptions, I'm...
QUESTION: I am looking for a compliance guide for a US individual, who is a non-resident citizen, reporting of foreign partnership income. The person is a...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Dec. 15th - Final Corporate Estimated tax Saturday December 15, 2007 ...
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Dec 1, 2007 1:55 pm
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QUESTION: I will soon be operating a branch office in the Country of Switzerland. I currently have an LLC(Delaware) with my home office in Arlington Virginia....
QUESTION: I have an IBC in Panama. It is not an SA corporation. I set it up for the express purpose of using it a way to access offshore investments and as a...
QUESTION: First, when forming a Nevis LLC at the start of the new year, if the intent is to treat it as a pass through entity by filing a form 8832, by what...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Deadline to Set up Keogh Plan Monday December 31, 2007 12:00 am - 1:00...
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Dec 21, 2007 5:56 am
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Merry Christmas …. Felice Navidad …. Joyeux Noel …. Froehliche Weihnachten … Glaedelig Jul …. Mele Kalikimaka … Shinnen omedeto Happy New Year …...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Deadline to Set up Keogh Plan Monday December 31, 2007 12:00 am - 1:00...
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Dec 26, 2007 5:56 am
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Some of you are already subscribers to the Offshore Press International Wealth Protection Library and Newsletter but many are not. I'm giving subscribers an...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Jan 15th - 4th Quarterly Due Date Tuesday January 15, 2008 All Day ...