myStockOptions.com Expands Tax Filing Guidance for Equity Compensation Plan Participants
As tax-return season 2019 entered prime time in February, the editors at PLANSPONSOR.com prominently featured the tax-return content of the Tax Center at myStockOptions.com. "With the multitude of recent tax changes, the 2019 tax season presents more potential than ever for confusion and expensive mistakes in IRS filings for all taxpayers, especially the millions of employees in the United States who received income in 2018 from stock compensation and/or related stock sales," they observe.
"The firm has updated its Tax Center to provide answers about 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," continues the article. "Core articles and FAQs spell out the most common mistakes people make with stock grants on their tax returns. Taxpayers, their financial advisers, and their accountants can quickly run through these to be sure they submit error-free returns. A special FAQ this tax season sets forth the top 10 questions that taxpayers should ask about the reporting of stock sales on their tax returns."