When Is the Best Time to Exercise Those Stock Options?
We hear about stock options all the time in the news. It seems like anytime a big company is involved in some sort of financial transaction the term “stock options” is thrown around at some point. First off, stock options are an option given to a person, usually an employee, to purchase stock in a company at a fixed or discounted rate.
So perhaps you have been given some stock options and now you’re starting to wonder when you should exercise those options. Before you choose to move forward there are several things to consider.
- Your company’s plan
- Your company’s growth
- Your current financial needs
- Keeping your portfolio balanced
- Current market conditions
- The tax implications
Each of these factors is important and you should weigh each of them when you are considering exercising your stock options. If you would like to learn more about each of these important factors in regards to stock options and when might be the best time for you to exercise them, then click here.
You can also contact us at 1-877-CPA-2006 or click here to contact us online. We can help walk you through all the different aspects of stock options and give you a better idea of when the best time to make the investment might be for your particular situation.
Is Your Takeout Habit Dragging you Down?
Is your takeout habit what’s for lunch today or did you bring your lunch to work? Maybe you plan to figure it out as noontime gets closer? The business world is busy and professionals are always on the go, which means sometimes they don’t even have time for lunch, let alone to bring a self-made…
What is GROCO?
We are often asked; “What is GROCO and what does GROCO do for its clients?”. This article will attempt to briefly answer those two questions. GROCO’s Start GROCO, also known as GROCO.com or Greenstein, Rogoff, Olsen & Co., LLP, is a family office tax and advisory firm founded in 1964 by Morey Greenstein, CPA. Since…
Planning With Cryptocurrency – Part III Minimizing the Tax Effect of Cryptocurrency Transactions
Planning with cryptocurrency continued… In my previous article, I covered how cryptocurrency is taxed and hard and soft forks. This article addresses different strategies for minimizing the tax effects of selling cryptocurrency. I will cover the following topics in subsequent articles: What happens if I contribute cryptocurrency to a partnership or corporation? What should I…
2020 IRA Contributions Extended To May 17
In Today’s Show:
1) Clarification: The deadline f…