Is to avoid hiding millions of dollars from the Feds. U.S. tax authorities really frown on that. Case in point, UBS client Juergan Homann is in hot water over a $6.1 million account that he kept secret in a Swiss bank account. To make matters worse, he used to the account to set up a fake loan for $5 million to fund business projects. Mr. Homann, take a tip from FC: honesty is typically the best policy. See the Investment News story here. http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090925/FREE/909259981/1094/INDaily01
Latest Posts
- IWM Investment Insights 3Q2024 July 29, 2024
- IWM Investment Insights 2Q2024 April 25, 2024
- IWM Alert: Client’s Daughter is in urgent need of a Kidney! March 11, 2024
- February 2024 IWM Planning News February 14, 2024
- 5 Simple Investing Ideas, Executed Strictly January 22, 2024
Categories
- Books
- Companies
- Current Affairs
- Financial Articles
- Financial Planning Perspectives
- FINRA
- Fleeced
- Fleecing Fighters
- Focus on Fiduciary
- Government
- International
- Key Data
- On the Fleece
- People
- Quarterly Market Analysis
- Quarterly Newsletters & Planning Alerts
- Quote of the Day
- Religion
- Retirement
- Sports
- Stat of the Day
- Uncategorized
- Web/Tech