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Comparison of Form 8938 and FB...

Comparison of Form 8938 and FBAR Requirements
Posted
The new Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts). Individuals must file each form for which they meet the relevant reporting...

Overseas Company

Overseas Company
Posted
Tax information for US persons traveling and doing business overseas can be daunting. Here are Offshore Compliance, we help you sort through the maze of choices regarding tax and administrative problem to local culture and beyond. For many other jurisdictions may be...

Tax Compliance

Tax Compliance
Posted
One of the most important parts of a solid Asset Protection Plan is Tax Compliance. In years past clients moved assets offshore to avoid the taxman. Today, with clear guidelines in most OEDC countries explaining tax compliance and many anti-money laundering laws,...

Administration

Administration
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Administration can be the most important part of your investing life. It is important to note that auditing and third party administration are just the start of administration. As in recent cases such as Bernie Madoff, the most important part of your portfolio could...

Offshore Compliance

Offshore Compliance
Posted
All banks and financial institutions have “Know Your Clients Rules.” Post 911 has caused many governments to deal with money laundering in new ways: The US Patriot Act, the new Bank Secrecy Act/Anti money laundering rules, the RICO act, war on terror, war on...
recent from Asset Protection Planning What Is A Trust Protector?
What Is A Trust Protector? What is a Trust Protector? Definition of a Protector:  One who serves as the champion; the overseer of the trust. The position of a trust protector is not normally encountered in domestic U.S. trusts, however this is changing, but the position is very common in other common law jurisdictions. Under many...
recent from Tax Compliance Comparison of Form 8938 and FBAR Requirements
Comparison of Form 8938 and FBAR Requirements The new Form 8938 filing requirement does not replace or otherwise affect a taxpayer’s obligation to file Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts). Individuals must file each form for which they meet the relevant reporting threshold.    Form 8938, Statement of Specified...
recent from Tax Planning 2011 year end tax planning landmine you need to consider
IRS Releases Guidance on Foreign Financial Asset Reporting  Today, December 15, 2011, the U.S. Treasury just released their “Guidance on Foreign Financial Asset Reporting” for years beginning with 2011 and subsequent.  Yes, that’s right; years beginning with 2011.  Although it is rare, it is not...
recent from International Business Overseas Company
Overseas Company Tax information for US persons traveling and doing business overseas can be daunting. Here are Offshore Compliance, we help you sort through the maze of choices regarding tax and administrative problem to local culture and beyond. For many other jurisdictions may be off the radar screen for business...