September 2014

Pre-immigration Planning for Singaporeans Moving to the USA

Singaporeans are known for being world travelers.  Many Singaporeans visit the U.S.  Some even decide to temporarily / permanently move to the U.S.  Well known Singaporeans in the states include names like Tila Tequila, Sharon Tay, and Neeraj Khemlani.  Careers in the media aside, one would imagine that Singaporeans decide to temporarily / permanently move […]

Pre-immigration Planning for Singaporeans Moving to the USA Read More »

IRS: Partners’ Share Of LLC Income Is Subject to Self-Employment Tax

So once upon a time, many of us were comfortable thinking that it was possible to have Private equity fund managers take a share of the profits of the partnership as the equity portion of their compensation. The tax rules for compensating service partners created a planning opportunity for managers who receive the industry-standard “two

IRS: Partners’ Share Of LLC Income Is Subject to Self-Employment Tax Read More »

FBI Charge 6 With Running $500 Million Offshore Laundering Scheme…..Rule of Thumb – If it Seems To Good to be True?  Don’t walk away….RUN!!!!

Federalprosecutors charged six men Tuesday with running a complicated offshore scheme that allegedly enabled clients to manipulate stocks, avoid U.S. taxes and launder hundreds of millions of dollars. An indictment unsealed in federal court in Brooklyn alleged the men laundered some $500 million in proceeds from fraudulent securities transactions for more than 100 U.S. citizens

FBI Charge 6 With Running $500 Million Offshore Laundering Scheme…..Rule of Thumb – If it Seems To Good to be True?  Don’t walk away….RUN!!!! Read More »