Vern - i wanted to comment on your reader's question below. Many practitioners i'd spoken with online in the past have stated that it's a definite grey area...
QUESTION: since March 30th (firing of GM CEO...) no less than eight (8!) well-heeled clients have contacted me asking for guidance on the tax and legal aspects...
Offshore Press + Freedomfest 2009 in Vegas Here is a great deal for those of you who are interested in our offshore tax seminars! We usually charge from about...
Senator Levin, President Obama and others who are using offshore tax havens as scapegoats for excessive spending are claiming (with a straight face) that the...
For those of you who are more trusting than I am with regard to email (or less paranoid), I just received a somewhat clever email claiming to be from the Bank...
QUESTION: I recently came across this IRS information. http://www.irs.gov/newsroom/article/0,,id=206012,00.html In the IRS Commissioner's Statement, it...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal May 15th Due Date for Exempt Organizations Friday May 15, 2009 All Day ...
JacobsReport@yahoogro...
May 1, 2009 5:02 am
688
I received the following from a CPA on this list. "The 3 month extension for 990/990ez is made on Form 8868. You may want need to send another message...
If you haven't noticed, President Obama has recently announced a proposal to dramatically change the current tax rules for doing business or investing...
Questions about the FBAR form have been among the most frequent of any one topic in this Yahoo group. In 2006, I compiled my answers to all of the questions at...
QUESTION: A Costa Rican corporation that has U.S. shareholders purchased a lot for development or to simply hold and resell for a profit. Can you explain how...
QUESTION: I have a question about social security + medicare tax obligations which I hoped you could answer. I know it is possible to avoid those by opening a...
Here is a series of questions about the Foreign Bank and Financial Accounts report to which I decided to respond because it seems they would of interest to...
QUESTION: If a person has all his FORMER assets in offshore trusts or life insurance policies, how does that affect him if he should decide to expatriate? My...
QUESTION: What are the "tax-free" advantages of an offshore Cayman Islands bank account? Can you suggest an offshore bank / location and / or a service for...
I frequently postpone registering for various education programs for a variety of reasons and sometimes end up being too late. But there is still time to...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal June tax due dates Monday June 15, 2009 All Day (This event repeats...
JacobsReport@yahoogro...
Jun 8, 2009 5:03 am
698
The IRS is making a really BIG deal out of the annual report on disclosing foreign financial accounts. Form TD F 90-22.1 is available at the IRS web site at...
QUESTION: I'm a California-licensed CPA currently living in Singapore. I have a small practice--primarily providing consulting advice and accounting services...
QUESTION: Could you describe in a general way the tax and reporting implications for the companies and owners in the following situation? A closely held US...
The second installment of 2009 estimated taxes is due on Monday, June 15th for individuals, corporations, estates and taxable trusts. It seems that many...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal File Form TD F 90.22.1 Tuesday June 30, 2009 12:00 am - 1:00 am (This...
JacobsReport@yahoogro...
Jun 16, 2009 5:02 am
704
QUESTION: The footnote to your email states: ".... any written tax advice contained herein cannot be used by any taxpayer for the purpose of avoiding certain...
QUESTION: In your latest newsletter, you included link to IRS site on expatriation, which left me with following questions: 1.) I understand that there now...
QUESTION: While I was on your Yahoo site I happened upon this question regarding disregarded entity. I am curious as to what part of your response, (if any)...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal File Form TD F 90.22.1 Tuesday June 30, 2009 12:00 am - 1:00 am (This...
JacobsReport@yahoogro...
Jun 23, 2009 5:03 am
708
Jeffrey Verdon is an asset protection and estate tax attorney who has been a helpful advisor to Offshore Press and myself since about 1993. He will be a...
QUESTION: Is it true that Panamanian Corporations (SA) are Per Se corporations under US rules and cannot make a Form 8832 Election to be other than a foreign...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal July 31st Tax Returns Due Friday July 31, 2009 All Day (This event...
Having problems with message search?
Fill out this form to ensure your group is one of the first to be migrated to the new message search system.
