By Jacquelyn Dunne[1] and Rachel Partain
Qualified Small Business Stock (“QSBS”) is a valuable tax incentive available to founders, investors, and employees of startups. Section 1202 permits shareholders to exclude from income certain long-term capital gains from the sale
The unthinkable just happened, you’ve been fired. Countless thoughts race through your head – What do I do now? How long will it take to find a new job? How will I pay this month’s bills? Navigating an unexpected job
Individuals and businesses struggled during COVID, and many were unable to keep up with their tax obligations. Thanks to a federal court decision in Kwong v. United States, taxpayers may be able to obtain refunds or penalty abatements for IRS
Employee discount programs are a popular way to reward and retain talent. In some industries, such as veterinary and medspa, offering a discount program is expected. Whether the business provides services, sells products, or both, offering employees a reduced price
A few years ago, I wrote an article regarding New York and federal efforts to impose restrictions on non-compete agreements in employment. While efforts to limit the use of non-compete agreements have been widespread, their current legal impact has been
An IRS examination is an administrative process in which the IRS evaluates a tax return for the taxpayer’s reported positions, determines whether the underlying facts support those positions, and decides whether to propose adjustments. Understanding the IRS examination process from
