Recovery Rebate Credit/Economic Impact Payment.
For this year, 2020, there are some key items to consider involving credits, deductions, and…
Michael NelsonDecember 15, 2020
IRS warns people about a COVID-related text message scam
IRS warns people about a COVID-related text message scam The IRS is warning people to…
Michael NelsonDecember 15, 2020
Kaepernick’s NFL Settlement Amount
How much did Colin Kaepernick actually receive from his “opting out” of the contract with…
Michael NelsonFebruary 20, 2019
This Year You are Preparing Your Own Tax Return
So, this year you are preparing your own tax return, no need for a CPAs,…
Michael NelsonFebruary 4, 2019
FOREIGN TRUST WITH U.S. TRUSTEE?
FOREIGN TRUST WITH U.S. JURISDICTION? FRACTIONAL OWNERSHIP OF A FOREIGN ENTITY? BEWARE!!! The Tax Season…
Michael NelsonJanuary 17, 2019
Calculate Your 2018 Federal Tax Under the New Law
Hello and Welcome to my first News Letter on Matters That Will, Almost Certainly, Affect…
Michael NelsonJanuary 3, 2019
More End Of The Year 2018 Tax Planning
More End Of The Year 2018 Tax Planning: The IRS announced today that Tesla, Inc.…
Michael NelsonDecember 15, 2018
ALERT… Medium Income Families Still Need To Pay More Taxes In 2017!
INTRODUCTION: For my clients residing in States with high State Income Taxes and/or high personal…
Michael NelsonDecember 9, 2018
The New IRS Voluntary Disclosure Program
If you are considering the New IRS Voluntary Disclosure Program, what questions should you be…
Michael NelsonDecember 6, 2018
Traditional Expensive Method of Shifting Profits from Your Foreign Company to You
Lets look at a traditional expensive method of shifting profits from your foreign company to…
Michael NelsonOctober 3, 2018
About Us
Michael B. Nelson
The Law Office Of Michael B. Nelson, Inc. Continues To Assist Foreign Financial Institutions, FFI, And Their Customers Who Fall Under The Rules Of The Foreign Account Tax Compliance Act, FATCA; Additionally Providing Guidance Concerning The Treatment Of Financial Institutions Located In Jurisdictions That Have Signed Intergovernmental Agreements For The Implementation Of FATCA (IGAs) But Have Not Yet Brought Those IGAs Into Force.