Deciding which type of corporation or corporate structure is the best for your business can be a confusing and tedious task. Two types of corporations are recognized by the Internal Revenue Service for the purpose of federal income tax imposition: C corporations and S corporations. An S corporation is a special structure of business […]
Offshore Banking today- How secure and Reliable are they?
Saying offshore banking today has acquired very negative connotations in recent months. The mere thought immediately brings to mind illicit activities, tax evasion and corruption. And yet, the offshore banking system has nothing to do with tax evasion since there are other, easier ways to reduce tax obligations. The reliability, strength, and security of […]