Category: Updated for 2024

What to Do When a Parent Dies and You’re the Executor

Losing a parent is emotional. It can also be overwhelming for adult children when they’re the executor of the estate. Settling an estate is a

Incentive Stock Options: Navigating AMT and AMT Credits

If you have incentive stock options, you’ve probably heard of the alternative minimum tax (AMT). Essentially, the alternative minimum tax is a prepayment of taxes.

6 Tax Strategies for Incentive Stock Options and AMT

6 tax strategies for incentive stock options and AMT Triggering the alternative minimum tax isn’t the end of the world, but you don’t want to

5 Ways to Manage a Concentrated Stock Position

Investors can wind up with a concentrated stock position in different ways. But it’s most often from an inheritance, founder, or employee with company stock.

2024 IRS Contribution Limits For IRAs, 401(k)s & Tax Brackets

The IRS has released the 2024 contribution limits for retirement plans and other cost-of-living adjustments. Also, the 2024 income tax brackets and long-term capital gains

Should You Exercise Stock Options During a Pre-IPO Window?

Is exercising stock options right before a company goes public a good idea? Employees with pre-IPO incentive or non-qualified stock options often wonder if they

How to Donate Stock to Charity: Donor-Advised Funds

Giving appreciated stocks can be a great way to maximize your gift to charity and your tax benefits. When you donate cash, you’re giving after-tax

Avoid the Double Tax Trap When Making Non-Deductible IRA Contributions

Updated for 2024. Anyone with earned income can make a non-deductible (after tax) contribution to an IRA and benefit from tax-deferred growth. But it may