Olympus Wealth Strategies

05/26/2026

05/26/2026

A lot of people end up overpaying taxes on restricted stock simply because nobody explained the 83(b) election to them in plain English.

And the kicker? In many cases, you only have 30 days to make the decision that impacts you potentially years down the road.

We break down:
• What an 83(b) election actually is
• Why some people choose to pay income taxes upfront
• How that can potentially convert future growth into capital gains instead of ordinary income
• When making the election can make sense… and when it absolutely might not

This is one of those small planning decisions that can have a massive long-term impact if the stock value takes off.

If you receive equity compensation, work for a startup, or may one day have restricted stock awards, this is something you should understand before it’s too late.

05/20/2026

Arkansas is called The Natural State for a reason.

Whether it’s hunting, fishing, weekends at the lake, or simply appreciating the outdoors, a lot of what makes Arkansas special is tied to our land and wildlife.

I recently sat down with the Chief of Communications for Arkansas Game and Fish Commission, Keith Stephens for a great conversation around:
• conservation
• hunting & fishing culture
• public land
• lake season
• Arkansas growth and development
• protecting what makes this state unique

Really enjoyed this discussion and the work being done behind the scenes to preserve the outdoors for future generations of Arkansans.

https://youtu.be/ps3_Jyhty2s?si=XIoIGMSHzS05lXf-

Arkansas is known as “The Natural State” for a reason, but what doe...

05/15/2026

RSUs can be an incredible wealth-building tool for employees… but many people don’t fully understand what happens once they vest.

When your Restricted Stock Units (RSUs) vest, the Fair Market Value (FMV) at vesting is generally taxed as ordinary income and reported on your W-2.

But after that point, any future growth is typically taxed at capital gains rates if you continue holding the shares instead of selling them.

Sounds straightforward… until you zoom out and look at the bigger picture.
I see many professionals:
• Holding large amounts of company stock through RSUs
• Participating heavily in ESPP plans
• Receiving bonuses tied to company performance
• AND relying on that same company for their paycheck

That can create a significant concentration risk where your income, investments, and future wealth are all tied to one business.

Sometimes that concentration pays off tremendously.
Other times, people realize too late that a major portion of their net worth was dependent on a single company continuing to perform.

Every company and every situation is different.

In some cases, holding shares long-term makes a lot of sense based on future growth potential, tax considerations, and conviction in the business.

In others, gradually diversifying may help reduce unnecessary risk and create a more balanced long-term plan.

The key isn’t automatically selling or automatically holding.
The key is understanding what you own, how it’s taxed, and how much of your financial future is tied to one company.

That’s where thoughtful planning matters.

05/12/2026

Most people don’t realize this about Arkansas property taxes...

Once you turn 65 (or qualify as disabled), you may be able to freeze the assessed value of your home for property tax purposes.

And here’s the key insight:
Only ONE spouse has to be 65+ to qualify, not both.

With property values rising across Arkansas, this can make a meaningful difference over time.

A simple rule most people never hear about... until it could have already saved them money.

05/06/2026

I see this mistake all the time…

Someone passes away, the family says:
“Don’t worry, they had a will.”

And then everything still goes through probate.

6–9 months (or longer), court filings, public records...the whole process.

A will by itself doesn’t skip probate.
It just tells the court what to do during it.

What actually avoids probate:
▪️ Accounts with beneficiary designations
▪️ Assets titled in Trusts
▪️ Real Estate with proper transfer of death provisions

Everything else? If it’s not structured properly, it’s likely going through probate process.

A few small adjustments can make a massive difference for your family later.

04/30/2026

Everyone keeps asking the same question: “When are rates finally coming down?”

The Federal Reserve Board just gave us the answer... Not yet.

Inflation is improving, but still sticky enough. The economy is still resilient. And that combination keeps us firmly in a higher for longer rate cycle.

The spotlight until the next Fed meeting is back on: inflation progress, labor market resilience, and corporate earnings.

04/28/2026

The sale price isn’t the number that matters.

It’s what you keep.

Between capital gains, depreciation recapture, and state taxes… the gap can be bigger than most expect.

A few things to keep in mind:
• Depreciation isn’t free...it gets recaptured
• Not all assets are taxed the same
• Sale price ≠ net proceeds

The goal isn’t avoiding taxes; it’s understanding the outcome before you sell and what options are available to you.

If you own appreciated real estate, it’s worth knowing what your exit actually looks like.

04/23/2026

You might hear a new voice answering calls at Olympus Wealth Strategies today…

In honor of Take Your Kid to Work Day, Luke is getting his first introduction to the business:

So far his responsibilities include:
• Random keyboard entries
• Attempting to eat important documents
• Demanding meal breaks every couple hours

It’s funny, we spend so much time planning for the future, building, growing, optimizing...but moments like this remind me that time is the one thing we can’t compound.

Grateful to be building a business where I don’t have to miss these moments, and even more grateful to be building something that allows me to be present for them.

Looking forward to making this a tradition every year and eventually giving him some real responsibilities.

Clients - feel free to call in and give him his first assignment!

04/22/2026

Most people think being debt-free = being financially optimized.

Not always.

We recently sat down with a client who did everything “right” according to the traditional playbook...paid off all debt as fast as possible. The problem? It left them with very little liquidity.

Here’s the tradeoff not everyone talks about:
▪️ Not all debt is created equal
▪️ Not all cash should be locked up
▪️ And not all “safe” decisions are actually optimal

A low-interest mortgage can be a tool.
High-interest credit card debt can be a problem.

But eliminating everything at the expense of flexibility? That’s where opportunity cost creeps in.

Liquidity isn’t just about investing, it’s about options.
And options create leverage in life.

The goal isn’t just to be debt-free.
The goal is to be financially positioned.

04/16/2026

Most investors think they’re locking in a loss for tax purposes… until they find out they didn’t.

That’s where wash sales quietly cause problems.

In this video, we break down:
• What a wash sale actually is
• How a loss can get disallowed...not gone forever, just deferred
• The 30-day window that trips people up
• And how to stay invested by using a similar, but not identical replacement fund

This is one of those small details that can have a real impact if you’re actively managing a portfolio or doing tax-loss harvesting.

Worth understanding now so it doesn’t surprise you later.

If you ever want a second set of eyes on how this applies to your situation, I’m always happy to help.