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Mar 22, 2024 | 
jdsupra.com | Sharon Baek |Ciara R.M. Baker
Venture capital financing activity in 2023 contracted for the second consecutive year in the face of rising interest rates, concerns regarding the trajectory of the economy and continued geopolitical tension.
VC-backed company liquidity results were more mixed in 2023.
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Mar 22, 2024 | 
jdsupra.com | Ciara R.M. Baker |Christopher Barnstable-Brown |Caroline Dotolo
Pessimism surrounding the Federal Reserve’s interest rate hikes, combined with subdued business and consumer confidence as well as geopolitical concerns, weighed heavily on the IPO market in 2023.
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Jan 18, 2024 | 
jdsupra.com | Simona Altshuler |Ciara R.M. Baker
Generally. Section 6039 of the Internal Revenue Code (Section 6039) requires corporations to file returns with the Internal Revenue Service (IRS) and provide information statements to employees reporting exercises of incentive stock options (ISOs) and transfers of stock purchased under employee stock purchase plans (ESPPs). These reporting obligations apply to both private and public companies and are satisfied using IRS Forms 3921 and 3922.
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Jan 17, 2024 | 
lexology.com | Ciara R.M. Baker |Simona Altshuler
Generally. Section 6039 of the Internal Revenue Code (Section 6039) requires corporations to file returns with the Internal Revenue Service (IRS) and provide information statements to employees reporting exercises of incentive stock options (ISOs) and transfers of stock purchased under employee stock purchase plans (ESPPs). These reporting obligations apply to both private and public companies and are satisfied using IRS Forms 3921 and 3922.
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Nov 29, 2023 | 
jdsupra.com | Ciara R.M. Baker |Atul Jain |Amy Null
Compensation clawbacks can raise difficult, and often adverse, tax issues for employees and other service providers. Specifically, for clawbacks that are effected on a gross (pretax) basis, questions arise as to how the clawback is treated for income tax purposes and what avenues an individual may have for recovering any taxes previously paid on the recouped amount.
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Nov 28, 2023 | 
lexology.com | Amy Null |Ciara R.M. Baker |Kimberly Wethly
Find out more about Lexology or get in touch by visiting our About page. RegisterTo view this article you need a PDF viewer such as Adobe Reader. If you can't read this PDF, you can view its text here. Go back to the PDF. USANovember 28 2023Compensation clawbacks can raise difficult, and often adverse, tax issues for employees and other service providers.
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Oct 30, 2023 | 
jdsupra.com | Ciara R.M. Baker |Julie Rodgers |Meghan Walsh
On October 17, 2023, the Internal Revenue Service (IRS) updated the electronic signature guidance in its Internal Revenue Manual (IRM) to reflect the electronic signature relief that the IRS provided to taxpayers during the COVID-19 pandemic. This pandemic-related relief has allowed taxpayers to use electronic or digital signatures on specified paper forms and filings that would ordinarily have required an original “wet ink” signature.
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Oct 18, 2023 | 
jdsupra.com | Ciara R.M. Baker |Kimberly Wethly
Equity compensation is perhaps the most critical element of any startup company’s compensation package, helping to bridge the gap between the cash compensation a startup can offer against the more significant cash compensation their larger competitors can afford to pay and giving entrepreneurial employees skin in the business game.
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Oct 18, 2023 | 
lexology.com | Ciara R.M. Baker |Kimberly Wethly
USAOctober 18 2023Equity compensation is perhaps the most critical element of any company’s compensation package, helping to bridge the gap between the cash compensation a startup can offer against the more significant cash compensation their larger competitors can afford to pay and giving entrepreneurial employees skin in the business game.
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Oct 12, 2023 | 
jdsupra.com | Ciara R.M. Baker |Eric Hanson |Kimberly Wethly
Stock options are typically a critical component of a private company’s ability to recruit, incentivize and retain key talent. Particularly for early-stage companies, rewarding equity packages can help make up for the gap between the cash compensation a startup can offer against the more significant cash compensation their larger competitors can afford to pay.
