QUESTION: FBAR forms were filed for 2007 and prior. The client has signatory authority on a Canadian company checking account. This account was on the prior...
770
vernjacobs
Jan 6, 2010 5:29 pm
On Monday, I compiled a list in date order of the various tax return due dates, with an emphasis on the due dates for various foreign information returns. So...
771
vernjacobs
Jan 9, 2010 7:02 pm
Comment: Your link to the calendar http://www.vernonjacobs.com/2010-calendar.html does not work. In fact, none of the links in your post ever works for me. I...
772
vernjacobs
Jan 12, 2010 5:21 pm
QUESTION: If an expat is a grantor of a non U.S. trust, and the trust has assets, presumably contributed by the grantor, the grantor would no longer have...
773
vernjacobs
Jan 13, 2010 4:37 pm
This is a reply that I received about my previous memo from Kevin Packman, an attorney who is one of the editorial advisors for Offshore Press. Vernon, I think...
774
JacobsReport@yahoogro...
Jan 17, 2010 6:04 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Jan 31st - Due Date for Information Returns Sunday January 31, 2010 All...
775
vernjacobs
Jan 19, 2010 4:27 pm
QUESTION: Regarding the $10,000 limit in funds invested in an offshore account: Is it your understanding that a husband and wife filing jointly would NOT have...
776
vernjacobs
Jan 20, 2010 5:49 pm
QUESTION: You've mentioned expatriation quite a few times in this forum, but you haven't provided any guidance or information on where an American might choose...
777
vernjacobs
Jan 25, 2010 3:58 pm
QUESTION: I recently read your article "Tips for Preparing the Form 5471 for Controlled Foreign Corporations." I am presently trying to obtain information for...
778
JacobsReport@yahoogro...
Jan 26, 2010 6:04 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Form 720 for 4th Quarter Sunday January 31, 2010 All Day (This event...
779
JacobsReport@yahoogro...
Feb 1, 2010 6:03 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Due Date for Forms 1099 to Recipients Monday February 15, 2010 All Day ...
780
JacobsReport@yahoogro...
Feb 10, 2010 6:03 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Due Date for Forms 1099 to Recipients Monday February 15, 2010 All Day ...
781
JacobsReport@yahoogro...
Feb 14, 2010 6:03 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Form 1040 to Avoid Est. Tax Penalty Sunday February 28, 2010 All Day ...
782
JacobsReport@yahoogro...
Feb 14, 2010 6:03 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Feb. 28th Due Date for Summary Information Returns Sunday February 28,...
783
vernjacobs
Feb 19, 2010 10:15 pm
QUESTION: Are their any tax ramifications for opening a branch office or place of business in the UK for a company registered in the Marshall Islands? REPLY: ...
784
JacobsReport@yahoogro...
Feb 23, 2010 6:03 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Form 1040 to Avoid Est. Tax Penalty Sunday February 28, 2010 All Day ...
785
JacobsReport@yahoogro...
Feb 23, 2010 6:03 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Feb. 28th Due Date for Summary Information Returns Sunday February 28,...
786
vernjacobs
Feb 25, 2010 8:14 pm
QUESTION: Frankly, I was somewhat confused by your recently transmitted warning concerning estimated tax penalties if specific action(?) is not undertaken by...
787
JacobsReport@yahoogro...
Mar 1, 2010 5:09 am
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal March 15th Due Dates for Forms Monday March 15, 2010 All Day (This...
788
vernjacobs
Mar 4, 2010 3:53 pm
QUESTION: I recently read your article "Tips for Preparing the Form 5471 for Controlled Foreign Corporations" in the Tax Advisor. I am presently trying to...
789
vernjacobs
Mar 8, 2010 3:56 pm
Here is a most interesting comment from a member of this group regarding the common practice of forming a corporation to purchase real estate in Central and...
790
vernjacobs
Mar 9, 2010 4:40 pm
QUESTION: I read your article entitled "US Taxation of Foreign Currency Gains or Losses" with much interest. One aspect of this issue that I do not see...
791
vernjacobs
Mar 15, 2010 2:47 pm
QUESTION: I have a question regarding the Fideicomiso the Mexican government requires you to have in order to own property within a certain area near the...
792
vernjacobs
Mar 16, 2010 3:10 pm
The following is a response to my comments about the Foreign Bank Account Report for a Mexican land trust (Fideicomiso). Vern # # # # # # # # # # # # Vern,...
793
vernjacobs
Mar 19, 2010 4:53 pm
QUESTION: What are the filing requirements for a US citizen who owns a foreign legal entity (LLC, foundation or similar) when the foreign entity owns no...
794
vernjacobs
Mar 19, 2010 5:00 pm
QUESTION: Does a mortgage held by a foreign bank constitute a financial account requiring disclosure? REPLY: I believe the IRS would probably say it is a...
795
vernjacobs
Mar 19, 2010 5:16 pm
COMMENT: Has any one considered these trusts to be "strawmen"; and having no assets? The powers of the trustee, the qualified bank are limited to solely making...
796
vernjacobs
Mar 23, 2010 5:31 pm
QUESTION: I turn 59 and one-half in a few weeks, and believe I have a reasonable understanding of the retirement plan distributions, Roth conversions etc.,...
797
vernjacobs
Mar 24, 2010 2:43 pm
The following comment about converting from a regular IRA to a Roth IRA prior to expatriating is a reminder that in the tax law, "The Devil is in the details."...
798
vernjacobs
Mar 24, 2010 7:08 pm
QUESTION: I am considering expatriation. 1. I receive Social Security. Will I lose it if I give up my U.S. citizenship? 2. To avoid the "exit tax," one needs...
