The IRS Doesn't Care about Fair

Podcast: Hidden Money Podcast · Mike Pine and Kevin Schneider

Opublikowano: 2026-09-01

On this week's episode: two people can have the exact same income and still land tens or hundreds of thousands of dollars apart at tax time — and the IRS will never tell you why. Four things we unpack this week: Two employees with identical stock option packages can land 31 points apart on their effective tax rate. One paid under 1%. The other paid over 32%. Same income, same year, same opportunity. Sell "non-covered" stock without documenting what you originally paid for it, and the IRS doesn't ask — it assumes your basis is zero and bills you as if t...