Saratoga News

  August 1, 2001    Saratoga, California  Since 1955

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    Income tax form


    Tax Broke

    Stock optioners who once dreamed of financial security, now have nightmares trying to figure out how to pay millions in taxes for money they say they never saw


    A little more than a year ago, stock options seemed to be California's new gold. Workers were willing to put in long hours with little pay for a gamble on stock options. With high-tech stocks climbing at a frenzied pace, optioners had visions of early retirement and being fixed for life financially. And the U.S. economy was soaring in good part because of these workers. Then last year the market lost steam. Dot-com companies started shutting down, and within months, optioners' dreams turned into nightmares. This year optioners found themselves with tax debts in the hundreds of thousands or millions for money they claim they never really possessed.   More

    News

    Chamber of Commerce Resignations

    Three key Chamber of Commerce officials have tendered their resignations, raising concerns and uncertainty over the organization's future.
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    News

    Affordable Housing Plan

    Saratoga considers altering zoning and building laws to help the city meet its affordable housing goals.
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    News

    Montalvo Artists Studios

    As part of their residency program, Montalvo plans to build 10 new studios that will house emerging artists.
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    Saratoga Style

    Gregg Andrew Hurwitz

    Author Hurwitz, a former Saratoga resident, has just released his latest novel, an eco-thriller titled Minutes to Burn.
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    Education

    WV-MCCD Limits

    West Valley-Mission Community College District trustees are considering placing limits on public input at meetings.
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    Dining

    Pizza Camp

    Willow Street Wood-Fired Pizza recently hosted a day camp designed to teach youngsters how to make pizza.
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Cover Story
Stock optioners fight to reform Alternative Minimum Tax laws

News
News Briefs

Three officials resign from Chamber of Commerce

City considers altering zoning, building laws in order to meet affordable housing quotas

Montalvo begins to build studios for artists in residence program

Sheriff's Report

Letters & Opinions
Letters

Education
West Valley-Mission Community College District trustees consider limiting public input at meetings

Valley Homes
The Real Deal

Demystifying the home buying process

Local home sale listings

Saratoga Style
Village Briefs

Former Saratogan Gregg Andrew Hurwitz releases his second novel, 'Minutes to Burn'

Family Daze

Anniversary: Eugene And Lillian Barna

Photo: 'A Twist of Marley'

Columns
Point of View

Saratoga Sampler

Gardening
Toxic plants are a concern in the garden and the wild

Seniors
Boomers overshadowed World War II generation

Dining
Willow Street hosts Pizza Camp for kids

Sports

Sports Briefs

Charlie Wedemeyer High School All-Star Football Game

Saratoga Little Junior Golf Classic

Saratoga Little League baseball

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Lectures, readings, auditions, sports & recreation,announcements, theater & arts, kids' stuff, clubs, public meetings...

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