James Sabo

Some Bermudians are unwittingly and unnecessarily leaving themselves open to hefty U.S. taxes on their American investments, according to a tax advisor who will be giving two tax/investment seminars in Bermuda next week.James Sabo said the plight of one Bermudian/American couple who had been receiving rent on a U.S. property they owned was a classic example of how ignorance of the U.S. tax laws can get you into trouble.