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offshore: Swiss Banking Secrecy Laws EVAPORATING! - 06/27/09 08:10 AM
Switzerland and the United States have agreed on a new Tax Information Exchange (TIA) Agreement, a further erosion of offshore banking secrecy. The new agreement will allow the U.S. greater access to banking records regarding Americans with Swiss accounts. Americans who have relied on offshore secrecy to avoid getting caught by the IRS need to re-examine their strategy. IRS guidelines require citizens to pay taxes on all their worldwide income.
Many issues remain about the agreement: whether it will be narrowly tailored to requests regarding specific people, or more general fishing expeditions, like the ‘John Doe' summons the United States is … (1 comments)
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offshore: Offshore Can be Safer than Onshore - 07/03/08 01:03 PM
In my 22 years as a real estate investor, I have seen residential, commercial, industrial, mixed-use, and hospitality products rise, fall, slide sideways and return healthy returns for the investors. The United States and the real estate market that supports our economy is the foundation for the majority of wealth in the world.
Until now...
The dark clouds on the horizon are nothing new if you are over the age of 40. You've already seen a recession or two, a couple of wars, and lines at gas pumps. What makes 2008 different? Won't we recover in a few years like always? Isn't … (4 comments)
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Doug Crowe
Wheaton,
IL
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Office Phone: (630) 890-3998
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