My company is going to likely sell when it gets to unicorn status in the next 12-18 months. I own an unknown amount of phantom stock. My guess is it will be worth anywhere from 75-150k. This is taxed as normal income. Any good tips out there I can use to minimize my spike in taxable income?
Nothing beyond the standard things like maxing our retirement accounts. For some reason people seem to believe that there are magic accountants and magic things one can to to avoid tax burden. You can’t.