IRS Announces New Amnesty Program for FATCA Problems
June 26, 2014 By: Diane Kennedy, Contributor FATCA (Foreign Account Tax Compliance Act) goes into force on July 1, 2014. The IRS has already extended the deadline for 2 years for financial institutions that aren’t in compliance yet, but have made progress to come into compliance. FATCA has a couple of components. One targets foreign […]
Internal Revenue Scandal
June 23, 2014 By: Kelly Diamond, Publisher There’s been a fair amount of grumbling over the past several months regarding the IRS and its dealings with some “Conservative” groups. It started off as there being a good amount of stalling and balking when some “conservative” groups filed for tax-exemption status with the IRS. About 25% […]
Portugal: A Glimpse into America’s Future
June 16, 2014 By: Kelly Diamond, Publisher The E.U. still has its struggles, and it seems every country it “helps” can’t manage to get out of the dire circumstances the Troyka ostensibly bailed them out of in the first place. I imagine a man drowning. Someone comes up with the brilliant idea that we splash […]
Second Passport in Paraguay – Too Good to be True?
June 14, 2014 By: Bobby Casey, Managing Director GWP Is getting a second passport in Paraguay too good to be true? This week we found out all the details on the ground in Asuncion. This past week, I was meeting with our partners in Paraguay investigating their residency and citizenship program. We met with government […]
Property Right: The One And Only
June 9, 2014 By: Kelly Diamond, Publisher For whatever reason, this past week has been a battle for property right on the interwebs! I had two major discussions, both of which ultimately lead to the same conclusion. The first was regarding the Isla Vista shooting/stabbing and the other regarding amassing wealth. The Isla Vista Shooting/Stabbing […]
Snowden’s Relevant Revelations
June 2, 2014 By: Kelly Diamond, Publisher This past week, Edward Snowden did his first American MSM interview with NBC’s Brian Williams. Admittedly, I found it rather lackluster. That Williams had the opportunity to ask far more probing questions regarding programs like PRISM or the extent to which the NSA can and HAS invited itself […]
Breaking News: FATCA Delayed by Two Years!
May 29, 2014 By: Diane Kennedy, CPA After this exciting headline, your first question might be, “What is FATCA and why do I care?” Let’s start there. FATCA (Foreign Account Tax Compliance Act) came about in 2010 as part of the HIRE Act. This added chapter 4 to Subtitle A of the Code. “Chapter 4” […]
“I Will Fight No More Forever”
May 26, 2014 By: Kelly Diamond, Publisher It’s that lovely time of year again, when I fire up my political barbeque and throw some nationalistic jingo-patties on the grill! This is when all the veteran-lovers dog pile those who admonish rather than praise their military service. I want to take a moment to remember all […]
S.W.A.T.: Standard Weapons and Tactics
May 19, 2014 By: Kelly Diamond, Publisher I heard there was a time when SWAT teams were reserved for really dangerous situations. For example, a man has a bank full of hostages. It only seemed right that a more tightly trained tactical team would be on the scene. I assumed in situations like that, you […]
The Power of Geo-Political Diversification
May 14, 2014 By: Bobby Casey, Managing Director of GWP Yesterday, I began a four-week trip taking me through Switzerland, Italy, the US and Paraguay. Stop one is in Zurich, where I am writing from today. I’ve been to Zurich several times in the past few years but I’m always amazed at the cost of […]
