Tag: MedTech Professionals
Tax Filing 101 for Stock Compensation Holders (Ep. 32)

Tax Filing 101 for Stock Compensation Holders (Ep. 32)

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Taxes can be overwhelming, especially when managing stock compensation and navigating complex filing requirements.

Are you maximizing your tax strategy, or are you leaving money on the table? How can you ensure accurate reporting and avoid costly mistakes?

In this episode, Matt Nelson sits down with Conner Kelderman, CPA and founder of Track, to break down tax filing best practices, stock compensation complexities, and essential deadlines. They discuss common mistakes professionals make and how to optimize your tax planning for long-term financial success.

We discuss:

  • The key documents needed for tax filing, including W-2s, 1099s, and supplemental equity compensation forms
  • How stock-based compensation like RSUs and ESPPs impact taxable income and common reporting errors to avoid
  • The importance of understanding cost-basis adjustments to prevent overpaying on stock sales
  • Deadlines for tax filing, estimated tax payments, and strategies for managing extensions effectively
  • Recent IRS updates on inherited IRAs and required minimum distributions, and what they mean for future planning
  • And more!

Resources:

Connect with Matt Nelson:    

Connect with Perspective 6 Group:       

Connect with Conner Kelderman: 

About Our Guest: 

As a Certified Public Accountant (CPA) with over 12 years of experience, Conner has expertise in handling tax planning matters for individuals, family groups, and business entities. Conner manages the tax preparation and filing for both individuals and business entities. He also has worked extensively with clients who live/work outside of the U.S. and non-U.S. citizens living/working in the U.S.
RSUs Part 3: RSU Mistakes to Avoid (Ep. 12)

RSUs Part 3: RSU Mistakes to Avoid (Ep. 12)

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Could you be avoiding the common mistakes made with RSUs?

The MedTech Wealth Advisor Podcast culminates its RSU series with a compelling finale. Hosted by Matt Nelson, CFP® and guest Jacob LaRue, CFP® (can we even call him a guest anymore?). They continue building on the foundational knowledge from Parts 1 and 2, digging deeper into the strategic management while pointing out specific mistakes to avoid.

Key Highlights:

  • In-Depth RSU Insights: Dive into a detailed exploration of grant and vesting triggers, uncovering common misunderstandings and their costly consequences
  • Strategic Selling Post-Vesting: Learn the art of selling RSUs and how to strategically align sales with personal financial goals and market timing
  • Navigating Tax Complexities: Unravel the intricacies of RSU tax withholding, learning strategies to manage supplemental rates and avoid tax liability surprises
  • Mitigating Early Termination Risks: Understand how employment changes can affect RSU vesting and discover tactics to protect your assets
  • Real-Life Impact: Julie’s story, a cautionary tale of financial loss due to inadequate RSU management, is dissected – offering valuable lessons for all MedTech professionals
  • And much more!

 

Resources:

Connect with Matt Nelson:    

Connect with Jacob LaRue:    

 Connect with Perspective 6 Group:        
RSUs Part 1: How do RSUs & Restricted Stock Work? (Ep. 8)

RSUs Part 1: How do RSUs & Restricted Stock Work? (Ep. 8)

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Have you been offered stock options at your company, but aren’t sure how to proceed?

Explore the intricate world of Restricted Stocks and Restricted Stock Units (RSUs) with experts Matthew Nelson and Jacob LaRue in this enlightening MedTech Wealth Advisor episode. Designed specifically for professionals in the MedTech sector, this comprehensive discussion unravels the complexities of these essential equity compensation options and their significant role in shaping financial strategies within the industry.

Key Highlights:

  • Introduction to RSUs: Understanding their role as a common form of equity compensation and the basics of how they work
  • Vesting and Taxation: Insights into vesting schedules, the implications of taxation at vesting, and the differences in withholding methods
  • Valuing RSUs: Expert tips on calculating RSU value and the importance of comprehending company-specific documentation
  • Navigating RSU Challenges: Discussing the unique challenges faced by private company RSU holders and strategies for effective management
  • Maximizing RSU Benefits: Practical advice on leveraging RSUs for financial growth, including vesting acceleration and managing value fluctuations
  • And much more!

 

Resources:

Connect with Matthew Nelson:  

Connect with Jacob LaRue:  

 Connect with Perspective 6 Group:      
How To Master ESPPs (Ep. 7)

How To Master ESPPs (Ep. 7)

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Are you making the most of Employee Stock Purchase Plans (ESPPs)? 

From the intriguing to the unexpected, Matt Nelson, CFP® guides MedTech professionals through the intricacies and strategic use of ESPPs in this insightful episode. He sheds light on how ESPPs, often an underutilized benefit, can significantly impact financial well-being, especially in the MedTech industry.

Key Highlights:

  • Unlocking ESPP Secrets: Discover the intricate workings of ESPPs, the ‘look back’ feature and its impact on stock purchasing
  • The Art of Profitable Stock Buying: Learn how purchasing stocks at a discount can yield substantial financial returns, with real-life examples to illustrate
  • Navigating the Tax Maze of ESPPs: Gain expert insight on ESPP tax complexities and learn how holding periods affect tax rates
  • Strategic Stock Selling: Rethink the necessity of holding stocks with insights on when to sell for optimal tax benefits
  • Maximizing ESPP Contributions: Understand how to effectively manage finances for ESPP contributions, and how they differ from traditional 401(k) plans
  • The Double-Edged Sword of ESPPs: Explore the risks and tax complications associated with ESPPs and learn how to navigate them wisely
  • Tailoring ESPPs to Your Financial Goals: Learn how to align ESPPs with your financial objectives, whether it’s for significant purchases or long-term planning
  • And much more!

 

Resources:

Connect with Matt Nelson: 

Connect with Perspective 6 Group:     

Connect with Jacob LaRue: