Year-end is a key time for financial and tax planning, especially for employees who have stock compensation or holdings of company shares.
Tax changes introduced in 2018 by the Tax Cuts & Jobs Act continue to affect their year-end-planning decisions. Meanwhile, the election year ahead in 2020 presents uncertainty about the future of tax laws that affect financial- and tax-planning strategies.
To help, myStockOptions.com provides education and guidance on major issues, choices, and financial-planning strategies for the end of 2019 and the start of 2020. This content is available in the website’s section Financial Planning: Year-End Planning and through content licensing. The section Year-End Planning has been fully updated for 2019, including revisions for what’s different after the tax cuts.
In addition, the calculators and modeling tools at myStockOptions.com allow users to play out various “what if” scenarios with different tax rates and stock prices.For similar education and guidance on year-end planning for nonqualified deferred compensation (NQDC), employees can turn to myNQDC.com, a separate sibling publication of myStockOptions.com.
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