How to Supercharge Your IRA and Save Taxes – Part 2
As I stated in yesterday’s article, our firms goal is to assist clients in developing their asset protection strategies. Our belief is that your wealth is at risk from two main threats; government interference and litigation. Under the heading of government interference lies taxation and we strive to help our clients minimize taxation through various […]
How to Supercharge Your IRA and Save Taxes – Part 1
My firm’s job is to help clients with asset protection strategies. There are two main threats to your wealth; government interference and litigation. Under the government interference category falls taxation. One of our objectives is to help clients minimize taxation and therefore we provide you with useful information that can benefit you in your goal […]
The IRS is Buying Guns…
The following is an excerpt from the IRS specs on sources new armaments for the officers. Hmmmm, now why would IRS agents need to be so well armed? The Internal Revenue Service (IRS) intends to purchase sixty Remington Model 870 Police RAMAC #24587 12 gauge pump-action shotguns for the Criminal Investigation Division. The Remington parkerized […]
Keynes vs Hayek rap – pretty funny
I found this video on the internet and thought it was pretty humorous. Let me know what you think.
Swiss Private Banks Refusing US Clients
This week I am attending an investment conference in Zurich called Fonds 2010. I spent the day walking through the exhibitor area speaking to Swiss private banks, investment firm managers, hedge fund managers, and most any other type of investment professional you can think of. I approached one unnamed banker and asked if his company […]
Tax on equity trades could destroy financial markets
After reading this recent piece on Bloomberg, I was utterly disgusted. I just don’t understand how our policy makers can continue to pursue such terrible decisions. Certainly the country is still in financial turmoil and there is a need to raise funds to support the budgets, but this tax on equity trades may very well […]
State of the Union – protect your assets now
I am currently living outside of the US, 7 hours ahead of the east coast so I watched Obama’s State of the Union speech this morning on youtube. I considered staying up until 4am last night just to watch it because his speeches, whether you agree with them or not, have significant impact on the […]
How to defer income taxes indefinetely…
I know that headline is a bold statement, but I have been researching this for quite a while and there is a way for US citizens to defer income taxes on business income. While this program is certainly not for everyone, for those of you that meet all the requirements, this can be huge. Let […]
The Perverse Tax System in the US
In the US, you have the highest corporate tax rate in the world, one of the highest progressive personal tax rates, tax on your savings, tax on your dividends (after they have already been taxed!!!), and tax on every other productive activity I can think of. Here in Estonia, there is no corporate tax, 21% […]
2 ways to move assets offshore without reporting – pt 2
As I mentioned in my previous post, there are two ways. The other is holding precious metals in an offshore vault. Gold has historically been a consistent use of money and will continue to be used that way long after we are gone. Paper money no longer has any value and is only guaranteed by […]
