Amazon.com Review
If you're lucky enough to be granted employee stock options--and if the stock is actually worth something!--consider spending a little extra to purchase Robert Pastore's pricey primer on options. Stock options can be quite lucrative, but "while the
intention of management and the board of directors is to motivate and reward people through stock options, the
reality is that much of the potential wealth that could come from those options is
wasted. Why? "The answer is simple," continues Pastore. "Options are complicated.
If people maximize the value of their options, it's usually by luck ...
blind luck." Thankfully, he writes with the layperson in mind, pinpointing ways to maximize earnings with textbook-like clarity. He explains the difference between incentive and nonqualified options, including charts showing how tax consequences vary, depending on exercise date. Pastore spends considerable time on tax issues, detailing the ramifications of long-term capital gains, alternative minimum tax (AMT), and disqualifying versus nondisqualifying dispositions of stock. Clear and thorough enough for both options newbies and tax professionals,
Stock Options should help make blind luck less than necessary for success in the options process.
--Rob McDonald
--This text refers to an alternate
Hardcover
edition.
Review
"...a clear, concise guide...offers CPAs the information they need...recommended reading..." --
CalCPA Online, California Society of CPAs"...clearly explains the concepts. I recommend this book to tax professionals and executives alike." --
Lynn Freer, Spidell's California Taxletter"...demystifying the complex world of stock options." --
Marin Independent Journal"...even uniformed readers will understand options after this adventure in enlightenment." --
Financial Planning Magazine"...guides you through many tax and portfolio planning issues...recommended reading." --
Mike Griffis, About.com"...the leading book on options..." --
Marvin Bryan, PROFIT Magazine, January 2000"The first edition drew favorable reviews and has become a mainstay reference for tax pros..." --
Mark Schwanhausser, San Jose Mercury News, December 14, 1999Excellent...for the layperson and financial professional... provides all the answers one needs in a straightforward, concise manner. --
Advisors Resouce, Book Review, Fall 2000