Do you have significant insurance needs? If you do, you should consider creating and owning a “captive” insurance company. Why? Because a captive insurance company could… Save you big money Create a substantial tax shelter Produce a nice pile of cash Want to find out if a captive insurance company makes sense for you? Read my new article Tax Tips: Captive … [Read more...]
Tax havens
Sorted by Date
Is your offshore account on the IRS’s hit list?
Let’s face it. The IRS is not a big fan of offshore and foreign bank accounts. Which is putting it mildly. In fact, if you’re an American with an offshore account, you are at the top of the IRS’s hit list. And you really can’t blame the IRS for their concerns. Offshore and foreign bank accounts are often used to hide drug and terrorism money, launder money, and evade … [Read more...]