Kaye A. Thomas: Consider your Options
I read the 2000 edition from the library, but there is a 2007 edition available. The book provides an overview of ISOs, NQOs, ESPP, and ATM (along with a few other topics.) There is enough here to cause any interested individual to feel a strong need to call a competent tax accountant.
I will be giving my dad’s accountant, Jeffery Bowles, a call very soon.
A quick rant about AMT - what a mess. From here, “Because the AMT was not indexed for inflation, its reach has expanded annually, delivering a significant tax increase this spring to an estimated 4 million households. The AMT would have spread even more rapidly after President Bush’s tax cuts reduced taxpayers’ normal bills, but Congress enacted yearly “patches” to restrain its growth. The most recent patch expired in December, and unless Congress acts, the tax is projected to strike more than 23 million households next spring, many of them earning as little as $50,000 a year.”