This week’s tax question:
I’m used to getting stock options, but my new employer offers restricted stock instead. Does this change what I’ll owe in taxes, and do I need to do anything now?
We passed the question on to Steve Henley, national tax practice leader at , the seventh largest accounting provider in the U.S. Here’s his answer:
The receipt of restricted stock as part of compensation results in tax consequences that depend upon whether the taxation is delayed to a future year or whether a special election is made to be taxed in the current year.
To read the full, original article click on this link: Ask the accountant: What taxes will I owe on restricted stock? | VentureBeat
