In a little noticed development, Switzerland’s oldest private bank Clariden Leu has informed some of its U.S. clients that it has been ordered to turn over their names, and offshore bank account information to the IRS. Clariden Leu posted a notice on its website dated Nov. 29, 2011 to that effect. This is bad news [...]

John Duncan posted this ISRG analysis on my facebook messages page and I thought it was rational so here it is:   The Robotic Surgery money machine Phil, I would appreciate it if you could review my analysis of Intuitive Surgical (ISRG).  I purchased this business (okay, not the whole thing, but quite a few [...]

The Receivables Exchange won “Management Team of the Year” at the 2011 American Business Awards, also known as the Stevies, which were presented on Mondayat a gala dinner at the Marriott Marquis Hotel in New York City. Our CEO and Co-Founder Justin Brownhill accepted the award on behalf of the entire team of TRE employees. [...]

Cheapest Car Insurance Car insurance should cover your car against accidental damage, especially if you are helping a family member learn to drive. Learner drivers are considered a larger risk for car insurance, and you should confirm with your insurance provider that your car is insured to take that risk. It is difficult for learner [...]

IRS Fact Sheet 2011-13 (FS -2011-13) has been heavily touted (mostly in the Canadian Press) as providing FBAR (Foreign Bank Account Report) relief for dual U.S. citizens abroad. However, in the view of our tax attorneys it simply reiterates existing law. As readers of the Tax Problem Attorney Blog are aware, U.S. persons with offshore [...]

Rule One demands of us the determination to eliminate gray; to never invest in a business that we don’t fully know.  We keep it ‘black and white’.   By ‘black and white’ I mean we insist on clarity.  Unfortunately, Clarity is a subjective experience.  When I was teaching my kids to hunt, I taught them [...]