As retirees, you might have come across the term “offshore banking” and wondered if it’s a legal and viable option for managing your wealth. Contrary to popular belief, offshore banking is not…
Tag: Tax Compliance
The IRS’s Bold Move That Could Shake the Foundations of Small Businesses!
Recently, the Internal Revenue Service (IRS) has shifted its focus towards a particular type of business structure known as “pass-through” entities. This move ensures that high-income earners are held accountable for their…