Employee Stock Options: What To Know When Advising Clients Web. [WSKT]
Time: 08:30am-10:20am
Subject:
Taxation/Specialized KnowledgeCredit Hours:
2.00Price:
Member: $120.00
Non-member: $150.00
Discussion Leader:
John L. Evanich, Jr., CPA
more info
John L. Evanich, Jr., CPA, is a retired tax partner, formerly with CohnReznick, LLP -- the 10th-largest CPA firm in the country. For more than 40 years, John specialized in working with professional service businesses, LLCs, LLPs, and S corporations on tax planning and other tax matters important to them. John has represented taxpayers on hundreds of IRS appeals and court petitions. With over 40 years of experience in public accounting, John is a past president of the Connecticut Society of CPAs (CTCPA), a past member of their Board of Governors, and a former trustee of their Educational Trust Fund. He is also a former member of AICPA Council. Mr. Evanich has lectured and written extensively on tax issues, both locally and nationally. He is a member of the American Institute of CPAs. In 2015 and 2016, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. He has also served as chairman of many CTCPA committees, most notably the Federal Taxation, State Taxation, Public Relations, and Technical Consultation Services committees. John has also testified on tax matters of concern to middle- and upper-income taxpayers, as well as small businesses, before the Ways and Means Committee of the U.S. House of Representatives, as well as various Connecticut state legislative committees. Mr. Evanich received a bachelor’s degree in accounting with honors from the University of Bridgeport, Connecticut and completed all course work in the Master’s in Taxation program at Pace University in New York City.
closeWebsite registration for this course closes on September 26, 2024. To register after this date please contact the society at akcpa@ak.net or 907-562-4334.
Full Description
Employee Stock Options: What Financial Professionals Should Know When Advising Their Clients Webcast (WSKT)September 27th, 2024 / 8:30 am 10:20 am
Live Webcast / Zoom
Companies often offer stock options as an additional form of compensation to attract and retain the best talent. Used appropriately, stock options can generate significant wealth. Yet many employees are unfamiliar with how stock options work and why options serve as a valuable opportunity for employees to establish and grow their wealth. Unfortunately, employees who receive stock options are often unaware of their inherent risks. Research has shown that over 75% of employees have never exercised their stock options. Almost half of these individuals (48%), say they held off on selling their options due to fear of making a mistake. This course provides accounting and financial professionals with a broad overview of employee stock options. The program is designed to help participants better understand the fundamentals behind these investments and in turn, better advise their clients.
Major Topics:
- What stock options are and why they are growing in popularity
- How stock options work, including the process of conveyance and vesting
- How to exercise stock options and the implications from doing so
- The risks associated with stock options and how to manage exposure
- Tax consequences and updates regarding stock options
- Strategies for selecting the best time to exercise stock options
- The difference between the two types of stock options: non-qualified and incentive
- The basic terminology relevant to owning and exercising options
Learning Objectives:
- Understand the opportunities and risks associated with employee stock options
- Assist clients with making informed decisions concerning options
-Explain strategies for owning and selling options, including tax consequences
Designed For: Anyone who seeks to have a better understanding of stock options in their role as trusted advisor to their clients
CPE Credits: 2, Taxation & Specialized Knowledge
Level of Knowledge: Basic
Prerequisite: None
Acronym: WSKT
Discussion Leader: John L. Evanich, Jr., CPA
