Category: Asset Protection

  • 5 Tax Discussions to Have with Your Advisor Before 2016 Arrives

    ROCKVILLE, MARYLAND – (November 30, 2015) – Each year, tax season is one of the times that people around the nation dread the most. Having to file the return, paying in, and the stress of it all can leave people feeling the pinch. In fact, most people don’t take action about their tax bill until…

  • Asset Protection for American Retirement Savers

    U.S. DEPARTMENT OF LABOR RULE WOULD ADD URGENTLY NEEDED PROTECTIONS FOR AMERICAN RETIREMENT SAVERS OVERVIEW Every year, retirement savers in the IRA market alone lose at least $17 billion in savings due to conflicted investment advice. Today’s retirement market functions quite well for the broker-dealers, insurance companies, and mutual fund complexes that reap billions of…

  • Automatic Exchange of Information: What can YOU do about it?

    Taxpayers with offshore assets as well as financial institutions that hold them, will all face new challenges under the OECD’s updated Common Reporting Standard (CRS). The CRS, formally the Standard for Automatic Exchange of Financial Account Information in Tax Matters, seeks to establish a global methodology for the sharing amongst tax authorities of data in…

  • Congress wants to seize your passport for unpaid taxes starting January 1st

    Sometimes you just have to stand in awe at the level of corruption and incompetence in government. Case in point, the new highway bill in the Land of the Free. And, trust me, you’ll love this. The latest version of the highway bill is called the “Developing a Reliable and Innovative Vision for the Economy…

  • IRA/ 401k assets in the U.S. or Offshore?

    Where is the best financial home for your IRA/ 401k assets? The U.S.A? or Offshore? Outcome: Your centralized investing in a tax free trading environment by means of a U.S. IRA/ 401(k) Trustee registered Self Directed IRA foreign investment account; which means you roll your 401(k) and IRA assets into this specific Self Directed IRA.…

  • Luxembourg for Business and Luxembourg for Finance launch SurprisingLux

    Luxembourg launches today via its two promotion agencies Luxembourg for Business and Luxembourg for Finance the campaign “SurprisingLux: Look closer for opportunities beyond borders.” This campaign is designed to dynamically reveal the strength and diversity of the Luxembourg economy through success stories and little-known facets of Luxembourg. These are available in several formats including a…

  • Offshore Compliance Programs Generate $8 Billion

    IRS Urges People to Take Advantage of Offshore Voluntary Disclosure Programs WASHINGTON—With more than 54,000 taxpayers coming in to participate in offshore disclosure programs since 2009, the Internal Revenue Service today reminded U.S. taxpayers with undisclosed offshore accounts that they should strongly consider existing paths established to come into full compliance with their federal tax…