Tax Planning for Uncertain Times: Opportunities, Flexibility, and the Long View

Stolz, Richard F.
November 2010
Journal of Financial Planning;Nov2010, Vol. 23 Issue 11, p24
Academic Journal
The article discusses the struggle of certified financial planners (CFPs) to provide clients with short-term and longer-term tax planning opportunities as the expiration of tax cuts approaches in the U.S. The payment of long-term capital gains tax rates on the spread between the exercise price and the market price when they are sold is allowed through incentive stock options (ISOs). Tax planning will become complicated if corporate executives have access to nonqualified deferred compensation plans and equity-based compensation and if the adjustment of a compensation package will result in a sufficient clout by clients with senior corporate leadership.


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