Your assets don’t have to live where you are. In fact, they shouldn’t.
The benefits of sending at least part of your assets abroad are innumerable. But there is a catch if you are a US or Canadian taxpayer: You have to tell the government about them.
That means you need to know what Tax Forms to file - and when.
And that’s where we come in. This month, we’re talking about preparing for April tax filings, no matter where you or your assets live.
By the way - even if you don’t hold assets abroad, read this letter, I’ll break down some accounting terms in a way that will enhance your understanding of taxes in general… and will make you the toast of all those pocket protector parties.
It’s 2017. The world is digital and intertwined, full of incredible places that can offer you and your assets robust protection, safety from and frivolous creditors, and perhaps even higher returns. Your assets don’t have to live where you are. In fact, they shouldn’t. The benefits of sending at least part of your assets abroad…