People want to make money online because it holds the promise of being financially independent. There's this unspoken understanding that once you reach a certain level of success, your internet marketing empire just runs itself. You travel the world and have your Indian virtual assistant deposit your checks into your offshore bank accounts.
Bogus offshore banking sites can threaten to report you to your tax authority if you question their methods. It's an old con trick; get the mark involved in something illegal, then he can't go to the authorities.
Take for instance, the great train robber who fled to Rio de Janeiro and lived life like a rock star because of the no-extradition laws. There are loads of business people using offshore banks as tax havens that never pay a dime in income tax. Do they step in front of a camera and flash their face? Another example would be my hero, Richard Nixon, who denied his ill-begotten gains and took his verdict like a real man.
How much do you need and how long you will need it? -you can figure it out by writing down everything that you have now from your assets to liabilities. List down your monthly income, your personal property and your present insurances i.e. social security, veteran's insurance or one that the company you work for provides. Also, enumerate your assets such as your offshore bank account, investments and your real estate. Afterward, write down your current debts, loans and your future expenses. It will be best if you will enlist a relatively lower expected income and a bit higher anticipated expenditures. This way, you will have rooms for adjustments.
Also, assuming you have legally avoided criminal prosecution, many people try to our website negotiate unpaid taxes, interest and penalties. Please be very skeptical of companies that promise to negotiate your tax liability. In reality, only the bankrupt or near bankrupt qualify for these programs, and many, many people have given me feedback on how some firms take an upfront fee and then do nothing, or even make matters worse. Please be careful.