Consider Your Options: Get the Most from Your Equity Compensation, 2005 Edition

This is the latest edition of the most popular book on this subject, providing a plain language explanation of employee stock options and related forms of equity compensation. It continues to be the best selling book on this topic because no other book can make these claims:

* Written in a direct, informal style that makes it easy for a novice to read, yet authoritative enough to be used by a tax professional or investment advisor.

* Covers nonqualified stock options, investment stock options, restricted stock, restricted stock units and employee stock purchase plans.

* Includes a balanced discussion of investment aspects, covering advantages of holding employer stock as well as the risks in failing to diversify.

* Provides the clearest possible explanation of complicated tax rules such as the way alternative minimum tax (AMT) applies to incentive stock options.

* Stresses sound planning and warns against faulty strategies.

* Offers pragmatic tips on topics like record keeping, selecting an advisor, and paying estimated tax.

* Updated for recent changes in the tax law and other developments.

The 2005 edition is a major revision from the previous edition, with new design, content and organization to make it even easier for employees to learn what they need to know about their equity compensation.

* Reflects tax changes occurring in 2004, including new regulations for incentive stock options and new rules for nonqualified deferred compensation.

* Now covers restricted stock units (RSUs).

* New chapter on how to select and work with an option advisor.

* New graphics and callouts make it easier to grasp the main points.