By Jim Duggan, JD As the offshore planning world turns, the limited liability company (“LLC”) is starting to appear with greater frequency as an a...
Foreign Bank Account Reporting Deadline Looming, No Extensions Granted?
WHAT IS MY DEADLINE FOR FILING? If you are a U.S. Citizen, Green Card Holder, Certified Resident or certain...
Asset Protection – Flex Trust
Protecting real estate is always a challenge but if you use the proper trust structure you can get a pretty good solution....
Real Estate Equity Protection
For most of us, our homes are much more than merely a collection of building materials held together by nails and two-by-fours. Instead our homes are ...
Thought your IRA was safe in Bankruptcy? Think again. …
Attorney Tim Berry explains how IRAs may not be safe in Bankuptcy. The challenge is the potential for a creditor to put you into involuntary Bankuptcy...
Did You Live or Work Overseas Last Year, 2011?
American citizens and U.S. resident aliens, including individuals holding dual citizenship, who have lived or worked outside of the United States duri...
IRS Releases the Dirty Dozen Tax Scams for 2012
IRS YouTube Videos: Dirty Dozen: English | Spanish | ASLIR-2012-23, Feb. 16, 2012 WASHINGTON –– The Internal Revenue Service today iss...
IRS Offers New 2012 Amnesty for Foreign Accounts
US tax authorities have initiated a new voluntary disclosure program for US taxpayers with foreign accounts on January 9, 2012. The IRS also noted s...
Why You Must Complete Family Dynasty Planning Now
On November 10, 2011, the IRS issued final regulations which permit it to “list” common planning transactions designed to reduce or eliminate the ...
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 ...