While the AMT’s tax on stock options was originally targeted at upper management executives, the growing practice of awarding stock options to workers at all pay levels has swollen the ranks of the impacted.
Unlike other stock transactions, the AMT taxes you on “phantom” gains based on what the stock was worth at the time you acquired it, not what it may be worth when you actually sell it.
Located at www.reformAMT.org , the website features:
- frequently Asked Questions
- 12 Flaws of the AMT
- real-life AMT Stories
- information on how to get involved
- legislation tracking
- message boards
- educational materials
And while you’re there, you can also sign up as members — and join one of the organization’s committees.
– Nevin Adams email@example.com
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