Financial Planning Services Income Tax Services - Income Tax - Prepare Current Year Returns
- Investing - Prepare Prior Year Returns
- Estate - Amend Any Year Return
- Retirement - Assist with IRS Problems
Latest Tax Article: Potential Double Taxation and the Employee Stock Purchase Plan (ESPP)
Many large companies offer their employees the opportunity to purchase company stock at a discount. These discounts can range from a few percent to up to 15%. This presents a good opportunity for employees to make a long-term investment in their employer, at a discount. But, some employees choose to sell the ESPP stock immediately after purchase and use the discount as additional income. Correctly determining the stock’s basis (cost) is a little tricky. And this is where many people can end up paying tax twice on the discounted amount.
Latest Finance Article: The Cost of Owning a Mutual Fund Although mutual funds can be a good way to diversify your investments across many securities, it can be an expensive way. There can be many fees associated with owning a mutual fund, and it’s not always obvious how much you are being charged. The fund’s prospectus is the definitive source for identifying the fees. However, the prospectus can be 50 pages long and if you own 10 or more mutual funds you may not get around to determining the fees associated with each fund.
Brycast Financial Planning, LLC
1250 S. Capital of Texas Hwy. - Bldg 3, Suite 400
(512) 329-2020, (512) 293-4170
Austin, TX 78746 -- firstname.lastname@example.org
DISCLAIMER: Brycast Financial Planning, LLC ("Brycast")is a registered investment advisor firm located in Austin, TX. Information on this website is general in nature, and should not be construed as an attempt to provide specific investment advice.