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ID# 07-203- The San Jose Police Department is asking for your help in identifying the man in this surveillance photograph. Detective Burt Milliken reports that on January 23rd 2007, this suspect was allegedly shoplifting at the Mervyn’s Store on Blossom Hill Road. When he was confronted by store security, the suspect allegedly brandished a knife at the victim and then fled the scene. Please call the Fugitive Watch hot line if you know the name of this man.

Random Clips of Sailor Moon to the beat of I Am the second Inyasha opening theme. It’s pretty good. nn

This song is titled after a username I saw on Youtube; its lyrics are based on political science books such as The Social Contract by Rousseau and Leviathan by Hobbes. It is a confession that the government and its people must work hand in hand, in a perfect balance of power, lest either structure falls. The Youtube user this song is titled after is: www.youtube.com www.twitter.com The video is inspired by another famous viral video: www.youtube.com This song is available for download at www.garageband.com Lyrics: Everybody has a name Everybody needs a name to call Everybody sympathize Wtih the bloodied hands of martyr’s flesh and bone I struggle to get on my feet Fighting against the will of DC Fighting common enemies Though social contracts still embezzle me But oh, I need you here with me So I won’t bear these scars alone So in sin and separation I won’t let up Take the pain, take the pain on Our commonwealth is still alive Our commonwealth still has the will to live If the commonwealth is going to die Might as well be in the name of love But oh, I need you here with me So I won’t bear these scars alone So in sin and separation I won’t let up Take the pain, take the pain on Haven’t you had enough Haven’t you taken enough Haven’t you stolen enough Give it back to me Give it back to me, I said Take the pain, take the pain on For commentaries and vlogs, go here: www.youtube.com Dailybooth photos: www.dailybooth.com Twitter: www.twitter.com Blogtv Channel (Don’t forget to …

Comedian Peter Kay makes the audience giggle as he recounts his close encounter with a group of robbers.

Having an offshore banking account, corporation or trust are common themes in legal thrillers, spy novels and eastern European politics.  There is a reason to be concerned about the legality of such accounts, for although many people would like to include them in their estate planning, a legal misstep regarding the use of any of these asset management tools could result in thousands of dollars lost in back tax payments and legal problems with none other than the IRS in addition to the possibility of spending time in prison.  With that in mind, it is not surprising that many Americans shy away from offshore banking altogether.

As any good tax attorney will be able to explain to you there is a difference between tax avoidance and tax evasion.  Tax avoidance is the use of legally employable strategies to reduce the amount of tax one has to pay.  Tax evasion, on the other hand, is the use of illegal means to do the same thing.  So the goal of any transaction that you would like to undertake offshore is to make certain that you are a tax avoider and not a tax evader.  A lawyer will never be a willing party to tax evasion, if that lawyer is behaving within the cannon of professional ethics as well as the accepted norms of safeguarding their client’s best interest.

To begin with it is illegal to have a secret bank account in another country that you don’t tell the IRS about.  It is also illegal to move unreported cash even if it is your money. The penalty for either of these offenses makes bank robbery look like a more attractive option.

However, with our own country continuing to advance the goal of globalization, of course it is legal to invest in, and to interact with, foreign markets and there are some tremendous incentives to do so.  The key to taking advantage of these opportunities is to start modestly and remember that if it sounds too good to be true then it probably is too good to be true.  Secondly, it is your duty as an American citizen to report your financial activities to the IRS.  So divest yourself of notions of secrecy in the absolute and think in terms of tax savings rather than not paying taxes.  If someone tells you that they can help you avoid paying any tax whatsoever, they are offering to help you engage in a criminal enterprise.  And if you already are a criminal of some sort then perhaps you should look into the matter, but for the vast majority of those reading this article, don’t endanger a life spent being a law abiding citizen by buying into an outrageous scheme.

As I said before, U.S. citizens and permanent residents are required to disclose their banking accounts abroad, where they are located and what the account numbers are, on a form called a TDF 90-22.1.  However, there are exceptions to having to file this report and taxpayers are confused about the definition of these exceptions as well as the meaning of key terms within the document.  One excellent way to begin to understand what must be reported, and when, is to look to the Jacobs Report.  Remember, the cardinal rule when beginning your inquiry into offshore banking is to find out about these matters in detail.  You need to check into things yourself and keep in mind that if a deal sounds too good to be true then it is.  In addition, keep in mind the fact that you want to be a tax avoider not a tax evader.  Consult your estate planner and a tax specialist because the laws in many of the nations that provide tax havens have changed somewhat since the beginning of the War with Afghanistan and Iraq, because the U.S. is looking for hidden terrorist cash reserves and that has changed the way discretion is handled in many tax haven nations that are friendly with our government.

http://www.moneybizhome.com/legal_articles 

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Shoplifters on Wheels