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🎧 Listen Now on SpotifyU.S. Tax Planning Toolkit
Navigate Your Taxes with Confidence
This interactive toolkit, based on key U.S. tax compliance principles, helps you model different financial scenarios and uncover potential tax-saving strategies.
Equity Compensation Analyzer
Model the tax impact of Nonstatutory Stock Options (NSO), Incentive Stock Options (ISO), and Restricted Stock Units (RSU).
Nonstatutory (NSO)
Ordinary Income (at Exercise)
$15,000
Capital Gain (at Sale)
$15,000
Total Pre-Tax Profit
$30,000
Incentive (ISO)
Ordinary Income (at Exercise)
$0
Note: $15,000 is an AMT preference item.
Long-Term Capital Gain (at Sale)
$30,000
Total Pre-Tax Profit
$30,000
Restricted Stock (RSU)
Ordinary Income (at Vest)
$25,000
Based on Exercise FMV as Vesting FMV.
Capital Gain (at Sale)
$15,000
Total Pre-Tax Profit
$40,000
Deduction Strategy Lab
Explore strategies like "bunching" to maximize your itemized deductions over two years.
Savings Account Analyzer
Compare the tax advantages of Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs).
FSA (Flexible Spending)
Funded with pre-tax dollars, avoiding income & FICA tax.
"Use-it-or-lose-it" rule applies.
(Max 2023 carryover: $610)
$3,050
Max 2023 Contribution
HSA (Health Savings)
Triple-tax advantaged: pre-tax funding, tax-free growth, tax-free withdrawals for medical.
Funds roll over and can be invested.
$3,850 / $7,750
Max 2023 Cont. (Self/Family)
Key takeaway: HSAs offer superior long-term wealth-building potential due to their investment capabilities and portability, acting like a "super IRA" for medical expenses.
Global & Loan Simulator
Quickly model Foreign Earned Income Exclusion and Imputed Interest on loans.
🌍 Foreign Earned Income Exclusion (FEIE)
Maximum 2023 Exclusion
$120,000
Based on the $120,000 limit from the source document.
💸 Imputed Interest on Below-Market Loans
Foregone Interest (to be reported)
$1,000
Assumes a 3% Applicable Federal Rate (AFR) for calculation.
Tax Payment Forecaster
Check if you meet the "safe harbor" rules to avoid an underpayment penalty.