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IRS Agrees to Suspend AMT on Exercise of ISOs Through Sept. 30

Paul Caron
,

Senate Finance Committee Ranking Member Charles Grassley today announced that he has secured a commitment from the IRS to suspend for one month the collection of the AMT (including interest and penalties) arising out of employees’ exercise of incentive stock options. The suspension gives Congress time to enact legislation that would ease these burdens on affected taxpayers.

About the Author

Paul Caron Avatar
Paul Caron
Paul Caron was named Duane and Kelly Roberts Dean of Pepperdine University School of Law on June 1, 2017. Dean Caron joined the Pepperdine faculty in 2013 after serving as the Dorothy and Leonard Straus Distinguished Visiting Professor of Law in the spring semesters of 2010 through 2013. He served as Associate Dean for Research and Faculty Development at Pepperdine in 2015-2017. Before coming to Pepperdine, he was Associate Dean of Faculty and Charles Hartsock Professor of Law at the University of Cincinnati College of Law.
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5 responses to “IRS Agrees to Suspend AMT on Exercise of ISOs Through Sept. 30”

  1. AMTbuff Avatar
    AMTbuff

    Congress seems to be tripping over itself to provide relief to people who held onto ISO stock that then decreased in value. The trouble is that the relief is not limited to those cases. Drafting legislation that accurately targets relief will be quite difficult.

  2. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  3. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  4. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  5. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  6. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  7. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  8. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  9. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  10. Roth & Company, P.C. Avatar
    Roth & Company, P.C.

    ISOS: THE TAXMAN TAKES A HOLIDAY

    The TaxProf tells us that ISO-AMT victims will have a new reason to enjoy the long weekend: Senate Finance Committee…

  11. Taxable Talk Avatar
    Taxable Talk

    IRS Suspends ISO AMT Through September 30th

    The IRS announced last week that they would suspend collection of the Alternative Minimum Tax (AMT) on incentive stock options (ISOs) through September 30th.

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