What is the Rate of Return on YOUR ESPP? {and is it too good to be true?}

What is the Rate of Return on YOUR ESPP? {and is it too good to be true?}

As a financial adviser, I often ask my Microsoft clients: “What is the Annual (or Annualized) Rate of Return on your Employee Stock Purchase Plan (ESPP)?” Over the years I’ve gotten many answers to this seemingly simple question.
Actually, ESPPs are misunderstood by many employees.
The ESPPs have two major elements that contribute to the Rate of […]

Did you receive a foreign gift or an inheritance?

If you received foreign gifts of money or other property, you may need to report these gifts to the IRS.
Form 3520 is an information return, not a tax return, because foreign gifts are not subject to income tax. However, there are penalties for failure to file Form 3520 when it is required.
In general, a foreign […]