Maximizing Tax Benefits with Stock Options: A Comprehensive Guide

Welcome to Fusion CPA’s guide on tax planning with stock options. In this blog, we’ll delve into the intricacies of stock-based compensation, focusing on incentive stock options (ISOs) and non-qualified stock options (NSOs). Our goal is to help you understand how these options work, their tax implications, and how to optimize your financial strategy for maximum benefit.

Tax Compliance for Gig Workers

A survey conducted by Pew Research in August 2021 found that 16 percent of Americans receive money through online job platforms. Following COVID-19, freelance work and employment in the gig economy are becoming more prevalent in providing the opportunity to earn full-time, additional, or part-time income. However, gig workers are not exempt from paying taxes. You must keep accurate