What is Supplemental Pay?: Bonus, RSU, NQ Withholding
In the tech world, it happens all the time: Employees get supplemental pay beyond their base income. They file their tax returns, reporting these wages just like they’re supposed to. And then they end up with huge tax bills because the withholdings their employer took out of their paychecks weren’t enough. It sucks. And leaves […]
Stripe RSU: Here’s How the New Tender Offer Affects Your Money
The company’s new tender offer gives current and former employees who hold Stripe RSU a big, potential payday. It’s generally been a dry season for IPOs, with companies’ plans frozen and in limbo. Whenever we see a possible IPO, it somehow gets forestalled — the most recent of which is fintech Stripe. To understand the […]
How Does the AMT Credit Carryforward Work with ISO?
Guys, the Alternative Minimum Tax (AMT) & all. the. things. about it are confusing as heck. Like, that’s just how it is. I’m not even going to pretend with you right now. And unfortunately, it doesn’t look like the IRS is going to simplify the AMT credit carryforward with ISO anytime soon… so we’re doing our […]
Founders Shares: Here’s How to Avoid a Huge Tax Bill
Founders share tax can be confusing and tax mistakes are very expensive. Read ahead to learn how to avoid a huge tax bill if you are selling shares as a founder before an IPO. More than ever before, founders are taking their companies public with less equity in their companies than in the past. In […]
Tech Employees Guide to Cash Acquisition Tax Implications
So, your company’s going through a cash acquisition, and you’re scared of the tax implications? And now you’ve got to figure out how to make the most of this acquisition… and how to not totally go under from the tax implications of it. We spend a lot of time talking about how to prepare for […]
Fair Market Value vs Cost Basis: What’s the Difference?
Fact: When you start investing, you’re going to learn a lot of new vocabulary. (And it’s totally fine if you’re Googling things for a while trying to figure it all out… we’ve all been there. ????) But if you got here because you’re trying to understand the difference between fair market value vs cost basis… and why […]
Double Trigger RSU Tax: 5 Ways to Avoid a Scary Tax Bill
First of all, if you’ve got a double trigger RSU that are about to settle. Congratulations! You’re about to come into a lot of money. Just be tax aware and avoid being caught unprepared by a scary tax bill. (And also, good on you for reading this article & being smart enough to figure out […]
Stock and RSU Offset on Pay Stub: What Does It Mean in 2024?
This is the second in a four-part series about your paystub – what the various deductions mean, why you need to pay attention to them, tips on not having too much or too little deducted, and how to use all that information in your financial planning. Our focus in part two is the stock and […]
Cost Basis and RSU: THE Easy-to-Understand Tech Employee’s Guide
When you’ve got stock in a company, it’s normally a really, really good thing. Especially RSUs (or restricted stock units). They’re stock you get just by working in a company…. Ones you don’t even have to pay for. And any time those RSU shares “vest”—meaning the company hands ownership of them over to you—you become […]