The IRS has issued FAQs regarding the tax credits for the sick and family leave and employee retention tax credits which provide guidance on eligibility and instructions for claiming the credits.
The guidance sets forth the...more
4/8/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Filing Deadlines ,
Income Taxes ,
IRS ,
Lenders ,
SBA ,
SBA Lending Programs ,
Sick Leave ,
Small Business ,
State of Emergency ,
Tax Credits ,
Tax Returns ,
Time Extensions ,
U.S. Treasury
IRS guidance on new law permitting income tax deferral for private company equity compensation awards provides clarity by introducing more rules.
The Section 83(i) deferral opportunity is only available for awards granted...more
4/16/2019
/ Corporate Governance ,
Equity Compensation ,
Internal Revenue Code (IRC) ,
IRS ,
Opt-Outs ,
Privately Held Corporations ,
Restricted Stocks ,
Stock Options ,
Tax Cuts and Jobs Act ,
Tax Deferral ,
Withholding Tax
Airbnb and Uber add support to revision of Rule 701 to dramatically expand availability of Rule 701 for equity grants by “gig economy” companies.
Airbnb and Uber want the SEC to reform Rule 701 to permit equity issuances...more
10/26/2018
/ AirBnB ,
Disclosure Requirements ,
Equity Grants ,
Form S-8 ,
Gig Economy ,
Independent Contractors ,
Regulation D ,
Rule 701 ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Uber
SEC increases Rule 701(e) disclosure threshold to $10 million, effective immediately, and explores revamp of Rule 701 and Form S-8.
The final rule increasing the Rule 701(e) disclosure threshold to $10 million leaves open...more
Increased Rule 701 threshold provides greater flexibility and reduces compliance costs for non-reporting companies.
Recently enacted legislation rolling back Dodd-Frank directs the SEC to increase the Rule 701 enhanced...more
6/22/2018
/ Deregulation ,
Disclosure Requirements ,
Dodd-Frank ,
Economic Growth Regulatory Relief and Consumer Protection Act ,
Financial Regulatory Reform ,
Foreign Private Issuers ,
GAAP ,
Reporting Requirements ,
Rule 701 ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Trump Administration
Since the advent of “Say-on-Pay” over three years ago, the plaintiffs’ securities bar has attempted to rustle up claims relating to executive compensation matters discussed in proxy statements. The first wave against those...more
On October 4, 2013, Governor Jerry Brown signed into law Assembly Bill (“AB”) 1173, which reduces from 20 percent to 5 percent the additional California tax on nonqualified deferred compensation that fails to comply with...more
Rule 10b5-1 trading plans are in the limelight due to investigations initiated by U.S. Attorney’s Offices and the SEC into possible abuses by corporate executives of such plans. Now, more than ever, companies and their boards...more
Proxy season is upon us and the plaintiffs’ bar is demonstrating its resourcefulness by bringing a third wave of shareholder litigation. This new wave, which has not crested yet, consists of a return to derivative shareholder...more
2/22/2013
/ Annual Meeting ,
Board of Directors ,
Derivative Suit ,
Executive Compensation ,
Exit Strategies ,
Institutional Shareholder Services (ISS) ,
Preliminary Injunctions ,
Proxy Season ,
Proxy Statements ,
PSLRA ,
Putative Class Actions ,
Say-on-Pay ,
Settlement ,
Shareholder Litigation
In This Edition:
- Year-end Deadline for Correcting Section 409A Deferred Compensation Arrangements That Condition Payment on an Employee Release or Covenant:
By December 31, 2012, all deferred compensation...more