Month: April 2016

Stock Options and the 101% "Tax"

Do Stock Options Make You Feel Taxed?

Did you ever get the feeling you paid too much in taxes? Probably every paycheck, right? Did you exercise stock options or restricted stock last year? Exercise meaning, you bought the issuer’s common stock at the grant price or the price set by the option. This purchase was regardless of the stock’s price at the time you purchased the option. If so, then you should read the rest of this blog post.

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Owe Taxes, Can't Pay?

owe taxes, can't payDo you owe taxes to the IRS or your state but you do not have the money to pay your taxes? You are not alone.

The IRS wants you to pay the full amount of your tax liability on time. In fact, the IRS imposes significant penalties and interest on late payments if you don’t. Ideally, it is in your best interest to estimate what you may owe and then build that into your family or business budget.  Okay, so you didn’t do that.

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