The Seychelles Investment Board (SIB) aimed to stimulate economic development, to expand and escalate growth through effective investment promotion plans acknowledges that the Seychelles business environment should be further enhanced with a view to facilitate processes for businesses to go through during the business cycle.

The Board suggests that the improvement process will require dialogues and participation of both the private and public sectors. It foresees that a complete and effective transformation of the business environment will take a few months of dedicated hard work and cohesive approach. SIB is convinced that support structures should be put in place to ensure that the process not only makes it easy for the business community but will also allow government institutions to continuously monitor the business processes as well as maintain records on business development.

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The FDIC has published a brochure explaining the amount of FDIC insurance for various situations including revocable trusts, irrevocable trusts, and entities such as corporations and LLCs.

Revocable trusts can easily qualify for $1,250,000 of coverage, and may qualify for even higher coverage in very narrow circumstances. Irrevocable trusts generally are limited to $250,000 of coverage. Likewise, entities are limited to $250,000 of coverage. The good news is that it is easy to expand the amount of coverage well beyond $250,000 by setting up accounts in the names of trusts and entities.

A lot of my clients add the names of their children on various accounts in order to expand FDIC coverage.  These arrangements have gift tax risks and may distort the client’s overall estate plan because the accounts will belong to the children after the client dies. 

If all we had to pay on credit cards were the amount of our transactions,wed all have a lot less debt. Unfortunately, its the interest rates that keep us in debt for years, especially if all were making are minimum monthly payments. Translation: The lower your interest rates, the better. You can certainly try asking for a lower rate from your current credit card company. If and when that doesnt work, consider a balance transfer.

Kiplinger oulines balance transfer pros and cons, which Ive streamlined and expanded upon in the top 10 list below.

Balance transfers:

1. Allow you to move your debt from one credit card to that of another with a lower interest rate.

2. Should be compared, as the offers you get in the mail, for example, probably do not represent the best balance transfer options out there.

3. Gen

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The UCLA Tax Controversy Institute is the preeminent conference in the United States dedicated to tax controversy and tax litigation. This year it will be held on Tuesday, Oct. 25th beginning at 8:30 AM. This year IRS speakers include:

• Sandra Brown, Chief, Tax Division, United States Attorney’s Office (C.D. Cal.) • Deborah Butler, Associate Chief Counsel, Procedure and Administration, IRS, Washington, D.C. • Faris Fink, Commissioner, Small Business / Self-Employed Division, IRS, Washington, D.C. • Victor Song, Chief, Criminal Investigation, IRS, Washington, D.C. • Chris Wagner, Chief, National Office of Appeals, IRS, Washington, D.C.

Dennis Brager of Brager Tax Law Group, A PC will be one of the many private practitioners including tax lawyers, CPAs, and Enrolled Agents who will be sharing the platform with IRS officials. Dennis wi

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Nick rocks!  He’s a college student and a Rule One investor.  We just met at the Value Investing Congress in New York.  Princeton should be proud.  He is excited about a couple of the pitches we heard.  I agree with him about Fortune and MSFT and hope he digs in and posts here.  I’ll front page him like the rock star he is going to be if he sticks with this.   It was pretty interesting hobnobbing at the Marriott.  Everyone around me was managing from $50MM to Billions.  This place was Woodstock for Great Investors, no doubt about it.   I went on the street to see the protests and couldn’t help compare the people in both places.  The crowd at the Marriott were all the smartest guys in the room.  The crowd on the street – not so much.  More like the kids who couldn’t stand being in the room or were asleep in the room or were pissing on the room.   The truth

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Many of you all would definitely be familiar with the IRA’s of this era, if not – There are two types of IRA’s namely traditional and Roth-IRA. This article would provide you with more insights into these retirement schemes. Visting roth-ira.org would provide you with more knowledge on the newest scheme provided for the people ( Roth-IRA )
Let’s move on to the basic differences. Read more…