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Thread: Good example of a Historic Reval
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09-05-2007, 01:57 PM #31
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"The ulimate measure of man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy." --Dr. Martin Luther King Jr.
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09-05-2007, 01:58 PM #32
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09-05-2007, 02:07 PM #33
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Habakkuk 2:2-3 Then the LORD answered me and said: “ Write the vision And make it plain on tablets,
That he may run who reads it. 3 For the vision is yet for an appointed time; But at the end it will speak, and it will not lie. Though it tarries, wait for it; Because it will surely come, It will not tarry.
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09-05-2007, 02:08 PM #34
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Lets just suppose we do cash in with Ali, and walk away with a fat check for a million+, what are the implications down the road at tax time next year when the IRS inquires how you suddenly gained that much cash? Chances are we may get spanked by Uncle Sam and some may suspect we are drug dealers!
Thoughts or imput?The things I'm gonna do for my Dinar...
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09-05-2007, 02:10 PM #35
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09-05-2007, 02:20 PM #36
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Taxes & Uncle Sam!
There is a tax thread that you can look at. But all deposits over $5000 -I believe -are automatically reported to IRS. So get a good CPA and Financial Advisor and CYA! Your main worry is Long Term vs. Short Term Capitol Gains, not being labeled a drug dealer! If you can prove when you purchased Dinar and Sold Dinar. JMHO
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09-05-2007, 02:35 PM #37
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09-05-2007, 03:10 PM #38
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Has anyone given thought to how to shelter their money from the Short Term Capitol Gains tax? 35 percent seems like a huge amount. Are offshore accounts safe? Any Ideas?
Waterdog
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09-05-2007, 03:17 PM #39
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Thanks for the input Icemann!
The things I'm gonna do for my Dinar...
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09-05-2007, 03:17 PM #40
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Waterdog
There is a tx thread where you can find all kinds of advice on long-term, short-term, tax shelters.
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