04.29.20 President Trump’s Impact Payment letter & Foreign Pension Trusts
Rev. Proc. 2020-17 on Foreign Pension Trusts and summary from attorney Andrew Mitchell:
https://intltax.typepad.com/intltax_blog/2020/03/rev-proc-2020-17-exemption-from-filing-forms-3520-and-3520-a-for-applicable-tax-favored-foreign-trus.html
President Trump’s letter to taxpayers getting Impact Payments:
https://www.usatoday.com/story/news/politics/2020/04/28/coronavirus-trump-letter-stimulus-check-recipients-causes-stir/3040031001/
Info on IRS Form 7200 for Advance Payment of Employer Credits due to COVID-19:
https://www.irs.gov/forms-pubs/about-form-7200
Supplemental funds for Paycheck Protection Program plus new money for hospitals, coronavirus testing signed into law:
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/us-tax-taxnewsandviews-200424.pdf
Investing for Growth
Investing for Growth When investing your money for long-term growth, it’s total return (change in market value plus reinvested dividends and interest) that counts. Since 1926 the compound annual return on stocks has been a bit better than 11% a year. The return on bonds has been about half as much, or 5% to 6%…
Nevada Set to Give Tesla Motors Huge Tax Deal
Nevada Set to Give Tesla Motors Huge Tax Deal By Alan Olsen One of the world’s most popular new car companies continues to make waves as it works to not only redefine how cars are made and run, but also change the way cars are sold. The latest move by Tesla Motors is not only…
Tips for Helping You Beat Those Annoying Fees and Taxes
Tips for Helping You Beat Those Annoying Fees and Taxes “How do I beat all of those bothersome taxes and fees and get more return on my investments?” It’s a question that almost all investors ask, but it’s one that many people never get answered. In order to get the most out of your investment…
Most Expensive Cars of 2017
Most Expensive Cars of 2017 Are you in the market for a new car this year? Need some slick new wheels to impress your friends? Maybe you want to add to your already impressive collection, or find the right piece to start a new one. Whatever the case, if you’re looking for a new set…