Archive for ‘tax’
The Freedom Cliff
by Don Watkins, Ayn Rand Center Everyone is currently worried about the so-called fiscal cliff—a truckload of new taxes (and an across-the-board cut in government spending) that will take place at the end of the year if Washington can’t come to an agreement. There’s no question those taxes will put a strain on many Americans—Americans who [...]
This Mistake Destroys More Value Than the Government Ever Could
by Dan Ferris, editor- Extreme Value A few weeks ago, I called Apple… I spoke to an investor relations person about the company’s massive cash hoard. She confirmed Apple has $121.3 billion in cash and securities on its balance sheet… Of that amount, a “substantial portion” of the company’s cash is “indefinitely reinvested” in accounts [...]
It’s Just Math
by Bobby Casey, Global Wealth Protection Managing Director Over the past few days, I have debated a couple of people about what I consider to be the death spiral of the US economy. Of course Europe and Japan are in a similar position, but for the past few days, the debate has centered on the [...]
Are You Ready for the Foreign Account Tax Compliance Act (FATCA)?
by Michael Davis, Banker Trust How to minimize the impact of the Foreign Account Tax Compliance Act. The Foreign Account Tax Compliance Act (FATCA) will require banks either to give up details of their US clients or to withhold 30 percent on all receipts from the US. This is driving many Americans with dual citizenship [...]
Avoiding Death and Taxes
Avoiding Death and Taxes When Investing in Property. the benefits of a New Zealand Foreign Trust for property investors by Evgeny Orlov, Barrister, Equity Trust International (New Zealand) International property investors have realised that property is one of the best forms of investment. Of course, provided that you are not stuck in a particular location: [...]
What the Facebook Co-Founder’s Story Really Means
by Brandon Rowe, International Man By now, most readers will be aware that Facebook co-founder Eduardo Saverin, Brazilian by birth and an American citizen since 1998, left his adopted homeland in 2009 for Singapore and filed papers to renounce his US citizenship last fall. Of course, none of this was noticed until the hype of [...]
Save on Taxes Next April, by Planning Today
by Jeff Schneider, CPA The time of annual procrastination has arrived. My tax extension is in the mail. By now, I’ll make the bold assumption that most everyone has either shared intimate details of their lives with the IRS, or filed easiest of forms to delay the inevitable until October. If you haven’t, please do [...]
The Only Way to be Profitable in the Next 15 Years
by Jeff Schneider, PassportIRA If you have spent much time watching headlines or reading news, it’s no secret that pessimism has really taken over. Financial institutions are failing, businesses of all sizes are shutting their doors, and unemployment is stubbornly high. Debt is a big part of the problem, as many of these institutions and [...]
