QUESTION: If an individual invests directly in foreign stocks purchased through foreign exchanges (passively), are there any international tax rules that would...
If you need more time to file a corporate tax return or the Form 3520-A for a foreign trust, you can get an automatic six month extension by sending in Form...
The following is in response to my comments yesterday about how to prove that an extension form or tax return was put in the mail on a timely basis. (Vern) ...
QUESTION: If someone (US citizen) invests in a privately held investment company in Europe, keeps the proceeds from the investment company in a European bank...
The March 15th issue of the International Wealth Protection Monitor included an article by Bob Bauman (Editor of the Sovereign Society A-Letter) in which he...
There seems to be a huge amount of non-sense and some outright deception about the impact of tax havens and the alleged abuse of tax havens. The following...
It's been about two weeks since I've sent any memos to this group and I'll be about as busy as a long tailed cat in room full of rocking chairs for the next...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal April 15th Tax Returns Sunday April 15, 2007 All Day (This event...
JacobsReport@yahoogro...
Apr 1, 2007 5:04 am
449
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal April 15th - 1st Estimated Tax Due Date Sunday April 15, 2007 All Day ...
JacobsReport@yahoogro...
Apr 1, 2007 5:04 am
450
The due date for the Federal form 1040 and the first estimated tax payment for 2007 this year is Tuesday, April 17th. The 15th falls on a Sunday, which would...
QUESTION: I've just discovered that a Panama corporation that I formed is treated as a controlled foreign corporation and that I have to file a Form 5471 for...
QUESTION: Your controlled foreign corporation book says that passive income includes interest, dividend, capital gain, etc. However, on the IRS web site ...
QUESTION: I established a Family Foundation and IBC in Panama in 2006. I have the legal incorporation documents sent to me by the company I worked with in...
QUESTION: It was brought to my attention by another CPA that income earned overseas is only taxed when brought back to the US. Is this correct? I have never...
QUESTION: Of the many, many books on the market dealing with asset protection, can you list the few, Mr. Jacobs, that in your view have some merit? REPLY: If...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal May 15th Due Date for Exempt Organizations Tuesday May 15, 2007 All Day...
JacobsReport@yahoogro...
May 1, 2007 5:01 am
457
The following is a correction to the automated due date reminder notice that was sent yesterday regarding the filing date for the Form 990 for trusts. (Vern) ...
QUESTION: I live in New Jersey and work in Angola on a 28/28 rotation cycle. My fiance works in NJ and we live there together in a home that we jointly own....
QUESTION: I recently purchased your book for a specific item I wanted to check on regarding foreign currency gains/losses. I did not find this in the book,...
QUESTION: I plan to become a partner with a business associate with an LLC formed in the U.S. However I would prefer not to be listed directly with this...
Richard Duke and I have finished an extensive expansion and update of our Controlled Foreign Corporation Tax Guide. We would welcome and appreciate review...
On Friday I posted an offer to send up to 20 free digital review copies of the new 3rd Edition of the Controlled Foreign Corporation Tax Guide. Within less...
QUESTION: I am one of 3 managing partners in a family owned corporation whose assets are entirely in real estate, including farms, residential and commercial...
Note: I received the following memo today, which is the first notice I have of this problem. And, for some strange reason, I have not received the same...
After posting the message about the unauthorized calendar item in the Jacobs Report calendar function, I took another look at the settings for that function...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal June tax due dates Friday June 15, 2007 All Day (This event repeats...
JacobsReport@yahoogro...
Jun 8, 2007 5:02 am
467
Now that Richard Duke and I have finished the Third Edition of our Controlled Foreign Corporation Tax Guide, I'd like to respond to those of you who have...
QUESTION: Your book speaks to expatriation. It says social security benefits are subject to income tax. This implies social security benefits are paid after...
The Foreign Financial Account Report is Due on June 30th Taxpayers who have signature authority over a foreign financial account, or who have a financial...
QUESTION: I'm one of your subscribers to the Wealth Protection Library, but I'm having a little trouble finding information on how foreign (non-US citizens)...
