IPO Soon, Ideas Needed

[cjdewese]

As part of a startup and the things that go along with it I have over 19K RSU shares in a company that should go public in the next year.

Nobody in my inner circle has gone through something like this. I understand the mechanics of it and my waiting period and everything but I have no idea what to do from a tax perspective to try and maximize it.

I am 100% going to be talking to tax professionals and financial people to better understand the situation but I like to do some of my own research to understand the topic before I do.

Anybody been through an IPO with RSU's? Are there any strategies to help keep as much value as I can?

Curious to hear what others have done in similar situations.

 

[TXCO]

1) Dont count your chickens before they hatch

2) its recordable income, not much you can do except pay the appropiate taxes. Plan on 40% going to taxes

3) talk to a few tax folks before paying and committing

4) take a piece and enjoy yourself. Put the majority to paying yourself forward- pay off a house, kid 529s, retirement, etc


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