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I created a c-corp in April. A couple weeks ago, my
I created a c-corp in April. A couple weeks ago, my co-founder and I got serious about creating a company and we signed a founders agreement (creating a vesting schedule and more for the shares in the… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
30,004 satisfied customers
I have a question when to file the 83() election for a Non
Hi,I have a question when to file the 83(b) election for a Non Qualified Stock option plan with early exercise opportunity.Is it 30 days from the Grant date? or 30 days after the exercise date?It is m… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
30,004 satisfied customers
If I own founders stock in a startup and am required to
If I own founders stock in a startup and am required to subject it to vesting, am I subject to being taxed at valuation at time of vesting or am I exempted because I owned the stock prior to the vesti… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
30,004 satisfied customers
To continue on my yesterday question about 5% equity that
Hello to continue on my yesterday question about 5% equity that vests over 3 years. Its my understanding that if I file 83b, I will pay income tax when equity is granted and then capital gain when I s… read more
Mark Taylor
Mark Taylor
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My company is a c Corp and we filed corporate taxes 2 weeks
My company is a c Corp and we filed corporate taxes 2 weeks but we forgot to file an 83b election for our shares. Is there any consequence to having filed our corporate taxes if our company has not fi… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,500 satisfied customers
1. I joined a small startup a few months ago and have an
1. I joined a small startup a few months ago and have an equity package in form of shares (not options). The company has not yet been formally valuated and I'm able to get all the shares at 1 cent api… read more
Lev
Lev
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Bachelor's Degree Equivalent
30,500 satisfied customers
I am cofounding a tech company based in California with a US
Hi I am cofounding a tech company based in California with a US based cofounder. The cofounder is also the CEO of the company. He incorporated the company and prepared several legal documents via Cler… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,500 satisfied customers
I received common stock as I joined as a founder of a new start
I received common stock as I joined as a founder of a new start up As such 2/3 of the shares are restricted and have a 2 year vesting schedule. Should I file the 83b election?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
15,152 satisfied customers
I am a one of 4 founders in a private company when is the stock
I am a one of 4 founders in a private company when is the stock we issued ourselves a taxable event?… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
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I work with a startup with two founders. I had instructed
I work with a startup with two founders. I had instructed each founder to file 83b (return receipt, certified) with IRS within 30 days of restricted stock purchase. The founders did this, and included… read more
Barbara
Barbara
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Section 83b when shares are reissued after an acquisition
In 2008, I purchased founders' stock in an early stage startup I joined. The price I paid per share and the fair market value were the same. I filed a Section 83b for those shares, which vested over f… read more
Lev
Lev
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Bachelor's Degree Equivalent
30,500 satisfied customers
I am cofounder of a startup company (private) no liquidity
I am cofounder of a startup company (private incorporated 2004) no liquidity of shares, etc. In early 2004 at the time of the startups incorporation/founding, pursuant to that certain Restricted Stock… read more
Lev
Lev
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Bachelor's Degree Equivalent
30,500 satisfied customers
I am a Canadian getting involved in a startup US corporation.
I am a Canadian getting involved in a startup US corporation. I am entitled to purchase 450000 shares in the company for $4.50. This represents about 5% of the company. These shares will be transferre… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,500 satisfied customers
Hi, We are setting up a Delaware C Corp. There are four
Hi, We are setting up a Delaware C Corp. There are four partners, one in US and 3 outside of US (India). The 2 founders are based out of India, one investor in US and the other in India. The sequence … read more
Lev
Lev
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Bachelor's Degree Equivalent
30,500 satisfied customers
What are the considerations of filing an 83(b) election when
What are the considerations of filing an 83(b) election when time vesting restricted stocks have been granted?… read more
ShawnA
ShawnA
CEO
Bachelor's Degree
4,726 satisfied customers
As a startup with 4 friends/founders we are cognizant that
As a startup with 4 friends/founders we are cognizant that 1 or more of us may not be with the project long term and to protect each others interest/efforts we want to have a vesting schedule in play … read more
ShawnA
ShawnA
CEO
Bachelor's Degree
4,726 satisfied customers
Do I need to file an 83b election I am in reciept of founders
Do I need to file an 83b election? I am in reciept of founders shares in US start-up. I am not an employee but part of a group of founders. The company states the shares are fully vested and not subje… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
15,569 satisfied customers
My new employer is giving me stock as part of my sign on deal.
My new employer is giving me stock as part of my sign on deal. As a condition of giving me the stock, I will be required to file an 83 (b) election. They told me that I will have about $5,000 in wage … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,500 satisfied customers
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