IRS And Treasury Warn Against Frivolous Tax Arguments Surrounding Stock Options

The Treasury and IRS have warned taxpayers about promoters who claim they can help optionholders avoid income tax or AMT on stock option exercises. The notice presents several frivolous arguments you should not make on tax returns. The IRS has been aggressively pursuing and winning cases against such arguments. (To read this you need the Adobe Acrobat Reader, which you can obtain free here.)

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