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83(b) Elections Made Easy: Understanding the New IRS Form 15620

The Internal Revenue Service (IRS) has recently released a new form, 15620, which will significantly impact the way taxpayers report certain transactions in relation to Section 83(b) elections....more

New Year, New Useful Guidance: Clarification on Inflation Reduction Act’s New Excise Tax for Share Redemptions

This past summer under the Inflation Reduction Act, Congress enacted new Internal Revenue Code (“Code”) Section 4501, which imposes an excise tax on certain corporate redemptions or repurchases by a corporation of its own...more

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