myStockOptions.com Expands Tax-Return Guidance to Help the Millions of US Taxpayers Who Have Equity Compensation
Tax reform has brought the topic of taxes to the forefront of public attention in
To help these employees and their tax advisors, the Tax Center at myStockOptions.com offers clear, reliable information, guidance, and illustrations explaining how to report 2017 stock sales on federal tax returns for 2017 filed in 2018. Additionally, while the tax-reform legislation that took effect in 2018 does not affect 2017 tax returns, a special FAQ at myStockOptions.com explains its future impact on tax planning.
"The tax reporting for stock compensation is complex," emphasizes
Tax Center At myStockOptions.com: All The Tax-Return Answers
The myStockOptions Tax Center has all the answers on the filing and reporting of tax returns that involve stock options, restricted stock, restricted stock units, performance shares, stock appreciation rights, and employee stock purchase plans.
- Core articles and FAQs spell out the most common mistakes people make with stock grants on their tax returns. Taxpayers, their financial advisors, and their accountants can quickly run through these to be sure they submit error-free returns. A special FAQ sets forth the top 10 questions that taxpayers should ask about the reporting of stock sales on their tax returns.
- The reporting of stock sales is made clear with annotated how-to diagrams of
IRS tax-return forms. - Diagrams of Form W-2, Form 3922 (for employee stock purchase plans), and Form 3921 (for incentive stock options) show how companies report equity compensation income to employees.
- Animated videos include a succinct tutorial on key
IRS tax forms related to stock-sale reporting and a video guide to avoiding costly mistakes that can lead to the overpayment of taxes. - Engaging podcasts convey tips for tax returns.
- A fun interactive quiz on tax-return topics lets users test their reporting knowledge in a painless way, before they file their returns, and links to related content from the answer key.
Taxpayers Must Understand The Confusing Rules For Reporting Stock Sales In January or February, each brokerage firm sends
- Article: How To Avoid Paying Too Much Tax: Understanding Form 1099-B And Form 8949 For Reporting Stock Sales On Your Tax Return
- FAQ: How have
IRS Form 1099-B and cost-basis reporting changed for sales of stock acquired from my stock options, restricted stock, or ESPP? What do I need to do differently because of the changes? - FAQ: What if the wrong cost basis is reported on my 1099-B? How do I report the right cost basis on Form 8949 of my tax return?
- Video: Tax-Return Reporting Of Company Stock Sales: How To Avoid Overpaying Taxes
- Video: Tax Return Forms & Reporting Rules For Stock Sales
Expertise That Helps Prevent Costly Tax-Return Mistakes Form 1099-B is essential for completing
- 12 Tax-Return Mistakes To Avoid With Stock Options And ESPPs
- Restricted Stock & RSUs: 10 Tax-Return Mistakes To Avoid
- NQSOs: Tax Return Tips And Traps
- ISOs: Tax Return Tips And Traps
Elsewhere on myStockOptions.com, a pair of articles explains
Pro Membership Gives Advisors A Crucial Edge During Tax Season
myStockOptions.com Pro is a special membership for financial advisors, CPAs, and other professionals who have clients with stock compensation. MSO Pro gives advisors full access to the whole website and special features in the tools, where they can track and model stock grants for multiple clients (5, 10, 25, or more). Access to the vast library of content at myStockOptions.com puts answers to tough client questions right at the fingertips of advisors, who can create PDFs of crucial content with their logo on it for distribution to clients. For more information, visit myStockOptions.com or call 617-734-1979.
Corporate Licensing Available
For companies, education is vital for ensuring that stock compensation motivates and retains highly valued employees and executives. The expert yet reader-friendly content at myStockOptions.com is ideally suited for licensing by companies and stock plan providers for their stock plan participants. A customized version of the website's award-winning content can be seamlessly woven into companies' HR, benefits, and/or compensation portals. Accessible through any internet browser, 24 hours a day, 7 days a week, licensed content from myStockOptions.com lets stock plan participants answer their own questions about their stock grants whenever they need to learn more--saving time for the stock plan staff and costs for the company. For more information, visit myStockOptions.com or call 617-734-1979.
About myStockOptions.com
With exclusive articles, 800+ FAQs, podcasts, videos, the Tax Center, interactive quizzes, the Learning Center with courses for CE credit, the Global Tax Guide, an extensive glossary, a smartphone app for iOS and Android devices, and dynamic patented tools, myStockOptions.com is the premier online resource of educational content and tools on stock options, restricted stock, restricted stock units, performance shares, stock appreciation rights, and employee stock purchase plans. myStockOptions.com is written and managed by leading experts in equity compensation, and is produced by a company with a long history of successful publications explaining complex legal and financial subjects in plain English.
The accounting journal CPA Wealth Provider selected myStockOptions.com among companies "that have taken the lead through innovation, efficiency, initiative, or growth in the financial-planning area." The Specialized Information Publishers' Foundation honored MSO Pro with one of its Editorial Excellence Awards in the category of Best Interactive Content among niche publishers. The influential consumer magazine
myStockOptions.com has also received extensive favorable coverage in the media, including BusinessWeek,
myStockOptions.com has a related site on nonqualified deferred compensation at http://www.myNQDC.com. The staff also created the successful insider trading prevention video series Think Twice, available at http://www.insidertradingvideos.com.
Read the full story at http://www.prweb.com/releases/2018/03/prweb15308169.htm
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