This page was last updated on: May 28, 2013
The MLM WatchDog Gunship looking for Pyramids
TAX SCAMMER GOES DOWN!
FOUR SIMPLE RULES TO SPOT A TAX SCAMMER

1. If it sounds too good to be true it probably is. Remember US Citizens and Residents are taxed on their world wide income. The tax scammers play on your greed and natural desire to pay less tax. Pigs do get eaten. Even the best tax planning always leaves something on the table for the IRS; and, always involves full disclosure.

2. Asset Protection alone will never save you taxes. If somebody promises you that their "Special Asset Protection Plan" will save you taxes: RUN. You are in the hands of a scammer.

3. Always involve your personal attorney and accountant in whatever offshore tax planning you do. "Offshore" is a dangerous world if you go it alone or with an unknown "expert." Always check a person's references; and, even after this is done, use your accountant and lawyer as an additional filter. I will not assist with offshore tax planning unless the client's attorney and accountant are fully involved.
If the "expert" wants you to work just with him: Run.

4. If they tout "Bank Secrecy" as part of the process then, again: RUN. You are once again in the hands of a scammer. Readers of this newsletter know that bank secrecy is DEAD. Period. The IRS knows everything you are doing abroad; and, if you are relying on stealth then you are a fool. Proper tax planning (and it is possible to save some serious taxes using foreign structures if you actually do business abroad) always involves full disclosure to the IRS.

If the promoter of some structure is advocating stealth instead of full disclosure: RUN.                     

Rob Lambert
http://www.assetprotectioncorp.com

HOW THE CIA TRACKS YOUR MONEY FOR THE IRS
www.mlmwatchdog.com/Report_GlobalPros.html



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