Quarterly Tax Update Autumn 2024   New

Stock incentive plans have proven to be a difficult subject for many tax professionals to understand and track for their clients. The difficulty typically starts with the client's lack of understanding of their own options.

Often clients cannot answer the basic question: What type of stock incentive plan do you have? Mike Giangrande reviews the types of stock incentive plans, when AMT adjustments are required, and how dispositions are reported. He deciphers W-2 reporting and tracks the basis adjustments from the W-2 through the 1099-B and onto the income tax return, and he discusses the available elections under IRC sections 83(b) and 83(i).

By proceeding to the examination, you acknowledge and confirm that you have completed the required coursework.