Financial Web site myStockOptions.com has opened an online Tax Center that explains issues related to equity compensation for tax year 2007.
The site explores issues such as the reporting of stock sales on Schedule D, new alternative minimum tax exemption amounts and the effect of stock compensation on the 2008 tax rebate. The Tax Center includes information on the filing and reporting of tax returns that involve nonqualified and incentive stock options, restricted stock, performance shares, stock appreciation rights and employee stock purchase plans.
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