By: Jim Duggan, JD, MBA So, you (or your clients) are concerned about potential liabilities and the threat of losing the nest egg you have worked so h...
Asset Protection For Life
I’ve always been a big believer in the concept that life is very simple if you allow it to be. I think the same holds true with Asset Protection. So...
Taming the Planning B.E.A.S.T
As entrepreneurs maintain a primary focus on running a successful business, proactive planning understandably gives way to the demands of the day. Unf...
ALERT… Medium Income Families Still Need To Pay More Taxes In 2017!
INTRODUCTION: For my clients residing in States with high State Income Taxes and/or high personal residential property taxes, the valued and yearly de...
More End Of The Year 2018 Tax Planning
More End Of The Year 2018 Tax Planning: The IRS announced today that Tesla, Inc. has sold more than 200,000 vehicles eligible for the plug-in electric...
IRS Examination Coverage
The Internal Revenue Service has listed the percentage of tax returns filed and examined by the amount of Adjusted Gross Income, see below. The return...
Unextendable deadline of June 30, 2015 FBAR
Deadline Notice: The Foreign Account Tax Compliance Act (FATCA) filing deadline for the Report of Foreign Bank and Financial Accounts, known as the (F...
IRS: Supports Legitimate Captives but Warns Against Captives Lacking Substance
The Internal Revenue Service (“the Service”) annually publishes its Dirty Dozen list. The Dirty Dozen list compiles a variety of scams along wit...
DOJ Offers Swiss Banks a Deal
In 2013, The Justice Department (DOJ) announced a program that is designed to encourage Swiss banks to cooperate in their ongoing investigations of th...
IRS Starts Scrutinizing the Insurance Industry with Swiss Partners
In accordance with the DOJ Swiss Banking deal, Swisspartners, a group of Swiss asset management and life insurance companies (which, among its other i...