News and Commentary

Got Restricted Stock? Don’t Forget the 83(b) Election! If you’ve received restricted stock grants as part of your compensation, congratulations — you're officially investing in your future! But here’s a smart tax tip you can’t afford to overlook: Filing an 83(b) election with the IRS. Why it matters: ✅ You pay taxes on the fair market value of the stock at the time of grant — not when it vests (hopefully at a lower value). ✅ All future appreciation is taxed as long-term capital gains, not ordinary income. ✅ You start the capital gains clock early, which could lead to big savings down the road. ✅You only have 30 days from the grant date to file — no extensions, no second chances. If you believe your stock’s value will rise, filing an 83(b) can be a powerful move. Talk to a tax advisor to make sure it's right for you. #EquityCompensation #RestrictedStock #83bElection #StartupLife #TaxStrategy #FinanceTips #EmployeeBenefits This is for informational purposes only and taken from sources believed to be reliable but is not guaranteed as to accuracy or completeness. It is not an offer to sell or a solicitation to buy any securities. Janney Montgomery Scott LLC or its affiliates may release written or oral commentary and technical analysis that may differ from the opinions expressed here. Past performance is not indicative of future results. The concepts illustrated here have legal, accounting and tax implications. Neither Janney nor its Financial Advisors give tax, legal, or accounting advice. Please consult with the appropriate professional for advice concerning your individual circumstances. For more information about Janney, please see Janney's Relationship Summary (Form CRS) at www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.

As the end of 2025 approaches, there’s a lot to consider when it comes to estate and tax planning—particularly for clients with more complex wealth. In this exclusive webinar, Janney will explore changes under the new tax rules of the One Big Beautiful Bill Act (OBBBA), including: Permanent changes to income and estate tax provisions New and expanded tax deductions Planning opportunities when addressing your taxes We’ll break down the new tax landscape and planning strategies for your long-term financial goals. Don’t miss this opportunity to gain expert insight into the impact of the tax rules and how they affect you. Register today!

As the end of 2025 approaches, it’s a good time to implement strategic tax planning to minimize your tax liability, maximize savings, and get on track for 2026.