December 15th, 2015

TAX TIP OF THE DAY... don't pay tax twice on employee stock option gains.
Starting in 2014, 1099-B forms report INCORRECT cost info which could easily result in overstated taxable capital gains.   Solution:  add to the cost basis the amount of taxable benefit already taxed on the W-2.  If you do it right, the taxable capital gain should be close to zero.      

SHARE WITH A FRIEND.
If you need any help... www.baboiancpa.com