🚨 Did you know that poor equity management can cost you hundreds of thousands in tax losses? 🚨
I was talking to a tech employee recently who had a great problem to have—he had lots of equity thanks to his startup’s IPO.
But here's the twist: He didn't manage his stock options properly, and it cost him big time. 💸
Let’s talk ISOs—those sweet stock options that let employees buy shares at a lower price than market value. Sounds great, right?
BUT… if you don’t plan carefully, those options can come with a hefty tax bill you weren’t expecting. 😳
The catch is this: Hold those shares long enough after exercising the options, and you could qualify for the lower long-term capital gains tax rate.
But if you sell too soon, that sweet deal is out the window. 😬
In our latest podcast, we dive into these real stories of regret from people who didn’t understand their equity, and how that lack of planning hit them hard financially—and emotionally. 🎙️
The good news? You don’t have to make the same mistakes.
Educate yourself, consult a financial advisor who gets equity compensation, and stay on top of tax changes.
Planning ahead can make all the difference. 🙌
Listen to the full episode to learn how to avoid these tax headaches and protect your financial future. You deserve it! 🔑💡
#podcastshorts #taxstrategy #financialplanning #isospeed #startups #investsmart #podcast #financialfreedom
Follow for more!
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Listen to the full episode here:
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YouTube:
https://youtu.be/Z-fg5zCB440
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Audio Podcast:
https://www.techequityandmoneytalk.com/equity-compensation-strategy/
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