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re: 77,000 different foreign banks in 70 countries reporting to IRS now
Posted on 6/5/14 at 8:24 am to Tiger n Miami AU83
Posted on 6/5/14 at 8:24 am to Tiger n Miami AU83
It means as an accountant, You are by definition a bean counter. You crunch numbers. Which is important. But legal strategy planing strategy and overall tax strategy is left to lawyers. The use of foreign benefits can be a very effective planning tool. You Stick to crunching the numbers. You aren't qualified for the planning side.
This post was edited on 6/5/14 at 8:26 am
2
Posted on 6/5/14 at 8:33 am to BBONDS25
quote:
You are by definition a bean counter.
can't wait to drop this line on my know it all accountant buddies
Posted on 6/5/14 at 9:11 am to BBONDS25
quote:
It means as an accountant, You are by definition a bean counter. You crunch numbers. Which is important. But legal strategy planing strategy and overall tax strategy is left to lawyers. The use of foreign benefits can be a very effective planning tool. You Stick to crunching the numbers. You aren't qualified for the planning side.
I work for a law firm dummy. You have no idea what I do. Number crunching ain't it. I highly doubt you could hold my jock when it comes to international planning and structuring TBH.
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