Monthly Archives: June 2020

Should I Exercise My QSBS Stock Options Now?

The timing of exercising stock options can vary from person to person and depends on whether your options are non-qualified (NQSO) or incentive stock options (ISOs). ISOs can only be granted to employees, unlike NQSOs that can be granted to anyone (i.e. contractors, employees, and directors). … Read More

Do My Stock Options Qualify for QSBS?

Stock options could qualify for QSBS after they are exercised, but there are a few steps you should take before exercising your "QSBS stock options". If you are concerned about the tax implications of selling or exercising your QSBS stock options than you are in the right … Read More

Code Section 613

(a)General rule In the case of the mines, wells, and other natural deposits listed in subsection (b), the allowance for depletion under section 611 shall be the percentage, specified in subsection (b), of the gross income from the property excluding from such gross income an amount equal to any rents or … Read More

What Is Fair Market Value?

Fair market value (FMV) is the price in terms of cash equivalents that property would be sold for between a willing and able buyer and seller. The transaction must be considered arm's length, meaning that it was (i) not between related parties for a low ball amount … Read More

Code Section 1411

(a)In general Except as provided in subsection (e)— (1)Application to individuals In the case of an individual, there is hereby imposed (in addition to any other tax imposed by this subtitle) for each taxable year a tax equal to 3.8 percent of the lesser of— (A) net investment income for such taxable … Read More

Code Section 304(a)

(a)Treatment of certain stock purchases (1)Acquisition by related corporation (other than subsidiary) For purposes of sections 302 and 303, if— (A)one or more persons are in control of each of two corporations, and (B)in return for property, one of the corporations acquires stock in the other corporation from the person (or persons) so in control,then (unless paragraph … Read More