Recently, I wrote about BNY Mellon’s inept handling of 2010 1099-OIDs for Israel bonds, my relief that the State of Israel had decided to replace BNY Mellon with Computershare as the fiscal agent for Israel Bonds purchased in the U.S., and my hope that Computershare would be better than BNY Mellon.
Less than 12 hours after I posted that blog entry, I received email from someone at Computershare:
My wife and I own a number of Israeli Bonds purchased over the course of many years (typically after annual High Holiday appeals). Many of these bonds are Original Issue Discount (OID) bonds. Dispensing with all the technical details, the general idea of an OID bond is that you get a 1099-OID statement every year showing how much you have to report to the IRS and pay taxes on as income, but you don’t actually get the money you’ve thus reported until the bond matures and you redeem it.
Until very recently, Israeli Bonds sold in the United States were administered by BNY Mellon. They’ve been the agents for some other stock I’ve owned, and they have been consistently difficult and unpleasant to deal with.
Ben Bresky of Israel National News has just released an interview about my “Shave a Redhead for Israel” fundraiser. Enjoy!
Here’s your chance to donate to the relief efforts after the Carmel fire in Israel and get something more than just a sense of satisfaction from having done a good deed and helped people in need. You can also get a good, hearty belly laugh from seeing me with no hair, half a beard, and only one eyebrow.
Sound intriguing? Well, then, click here to find out more!
Dear Terry Gross,
I am a huge fan of Fresh Air. I listen to every episode. I greatly admire your interviewing skill and your obvious in-depth preparation for every interview.
Having said that, I was extremely disappointed by your interview with Lawrence Wright. (more…)
Here’s today’s update on the suffering inflicted upon my family by IsraelSims.com:
Do not do business with IsraelSims.com unless you enjoy being ignored, misled and lied to, and you think it’s OK for the SIM cards you ordered for your trip to Israel not to arrive until after you’ve already left.
I love Zipcar and you will too! Click below to sign up.
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