header links

___________________________For all Delta people who have truly touched the High Life!__________________________________
PCN Web Site____PCN FORUM___PCN Ads_____ About______ Calendar______ G-Group______ Links______ Sign Up______ FAQ______ Archives______ Contact ______________________High Life Theme Song: http://www.youtube.com/watch?v=Adw772km7PQ&ob=av2e

Latest High Life Issue

Latest HL 364 published Oct 21, 2024. Not all sections of Blog are on first page. Click OLDER POSTS to view additional newsletter sections. For PDF version and all archived list CLICK HERE. Look for next issue soon!

Airlines news

Sunday, April 22, 2012

Finance - HL 125 (1)


CAUTION commercial solicitation below. I rarely allow anything like this one in the HL but Ron’s reminder is timely and I thought it worthy of adding to our newsletter.  (By the way, I originally created PCN Classifieds for all commercial activities of our group so that we could segregate that area.  I have not given up on the repair of that site and hope to have it back and serving our group soon). 

From: Ron Mussig

Date: 4/19/2012 4:25:30 PM



Subject: Bankruptcy Settlement

I am a partner in an income tax preparation firm in Atlanta with a large number of DAL employees and retirees as clients. We have tried to make all of our clients aware of the opportunity presented to them in the 2012 FAA Reauthorization Act. You are probably familiar with the matter, but I couldn't find anything on your website making mention of it.

In a nutshell--in case you are not aware--it gives all airline employees, current and retired, who went through an airline bankruptcy in a given time frame--which DAL did--one more opportunity for those funds. Up to 90% of the amount reported to you by DAL on Form 8935 can be contributed to a traditional IRA and 2007 and/or 2008 returns can be amended. Refunds can be quite large.

I hope all your readers are aware, but if they are not, it might be a good idea to make them aware. We have filed several amended returns for clients and non-clients. If you would like more information, please respond to this note.

Thanks,

Ron Mussig, EA

UAL/rEAL retired

Be advised that any advise contained in this email (including attachments unless expressly stated otherwise) is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The above post is not necessarily the opinion or shared view of the editor. Some posts may be excluded from the current issue because of too much content or deemed inappropriate. All PCN subscribers are welcome to post. PCN Home Page is located at: http://pcn.homestead.com/home01.html

No comments: