Double Taxation for Your Clients: The Highest Risk

As an advisor, how involved are you with your client’s taxation issues, such as the actual management of their yearly tax-efficient investment trades or their retirement savings? If you are highly involved, you might be helping your clients make good investment-related decisions. However, you could also be setting them up for a double-taxation possibility. One of the highest risk areas where clients could pay double taxation on the same income and never know it revolves around exercising non-qualified, granted company stock options.