Tax Alert – February 2, 2015 Deadline for Information Reporting with Respect to Exercised Incentive Stock Options

Action May Be Required Corporations, both publicly and privately held, that transferred stock in 2014 pursuant to the exercise of incentive stock options (ISOs) are required to report each transfer to both the IRS and the exercising person. Form 3921 (Exercise of an Incentive Stock option Under Section 422(b)) is used for both reporting purposes. …

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Our Greatest Hits of 2014!

From the Top Ten Issues in M&A Transactions to the Life Cycle of an IRS Audit we’re recapping the most popular articles and blogs in 2014! Other popular articles include: Avoiding Employee Claims of Unlawful Retaliation Enforcing Noncompetition Agreements International Travel on an H-1B Visa Common Publishing Legal Issues and How To Avoid Them Book …

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January 31st, 2014 Deadline for Information Reporting with Respect to Exercised Incentive Stock Options

Action May Be Required Corporations, both publicly and privately held, that transferred stock in 2013 pursuant to the exercise of incentive stock options (ISOs) are required to report the transfer to both the IRS and the exercising person. Form 3921 Exercise of an Incentive Stock option Under Section 422(b) is used for both purposes. Form …

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DOL and IRS Join Forces to Combat Independent Contractor Misclassification

By: Bob Shea The U.S. Department of Labor (“DOL”) and the Internal Revenue Service recently announced that the two agencies have signed a memorandum of understanding to “improve departmental efforts to end the business practice of misclassifying employees in order to avoid providing employment protections.” In addition, labor secretaries and other agency leaders of eleven states, including …

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Robert Finkel and Diana Española to Speak in BBA Seminar

On Tuesday, May 24th, the Boston Bar Association is hosting a seminar/webinar titled Basic Tax and Business Issues for Solos and Small Firms, featuring MBBP Attorneys Robert Finkel and Diana Española.  Robert and Diana will address basic tax and business issues for lawyers in forming or reorganizing a law practice, including understanding key aspects of …

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