Restricted Stock Unit Taxes: Your W-2 & Everything Else You Should Know

Restricted Stock Unit Taxes: Your W-2 & Everything Else You Should Know

In 1999, Bonnie Brown saw an ad for an in-house masseuse position at a 40-employee startup business in Silicon Valley. It was a part-time job that paid $450 per week but also offered stock options. She figured these stock options might be worthless, but nevertheless accepted the job. It turns out that this tech startup was called Google, and Bonnie Brown became a multimillionaire 5 years later. Does your company compensate you with RSUs (Restricted Stock Units)? If so, you have some decisions to make. Just don’t hold your breath about becoming a multimillionaire based on options alone — be…
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How to Fill Out Form W-4

How to Fill Out Form W-4

Do you remember that form you filled out when you were hired onto your current job? You know, the boring one with all the numbers and confusing directions. Okay, there are a lot of forms like that. We’re specifically talking about one form in particular, called Form W-4. This form is used to adjust your withholding during the year, and it’s a form that every employee fills out at the start of a new job. https://youtu.be/Xqlqb_XhX0Q What Is Withholding? Before we get into the specifics of Form W-4, it might be helpful for us to explain what withholding is. Do…
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Therapists: Hiring Independent Contractor vs. Employee

Therapists: Hiring Independent Contractor vs. Employee

Because you chose a calling that centers around healing the emotional pain of those around you, you’re probably a helper at heart. Imagine this: Lately things have been picking up and you’ve decided to hire another therapist to take on the additional workload. You’ve found that you could use some help yourself! Well, help us help you take on a helper. Perhaps the biggest question to ask yourself before hiring a team member is: Do you want this team member to be an employee or an independent contractor (AKA a freelancer)? The decision is yours because, chances are, you’ll see…
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