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 June 2022 Planning Newsletter May 24, 2022
- 2Q2022 IWM Investment Insights Newsletter April 12, 2022
- 1Q2022 IWM Market & Economic Review April 12, 2022
- February 2022 IWM Planning Newsletter February 17, 2022
- 1Q2022 IWM Quarterly Market Analysis January 25, 2022
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