A tracking stock is common stock issued by a parent company that tracks the performance of a particular division of the parent company. However, tracking shares don’t always represent ownership interest in the underlying company.
Annuities are generally sold as a way to accumulate assets for retirement (with taxes deferred until money is withdrawn), and/or as a convenient method for delivering income during retirement. They generally come highly recommended by sales agents due to the large commissions the agents receive.
A business taxpayer may deduct contributions to organizations other than charities as a business expense provided that the contributions have a direct relationship to the company’s business.