Deadlines are approaching for employers to report last year’s employee exercises of incentive stock options and employee stock purchase plan purchases.
Corporations that offer incentive stock options (ISOs) or maintain a tax-qualified employee stock purchase plan (ESPP) have an obligation to file returns with the IRS and to deliver information statements to employees and former employees regarding the acquisition of shares under such arrangements. These filing obligations are intended to provide employees and former employees with sufficient information to enable them to calculate their tax obligations. These forms are due regardless of any partial shutdown of the Federal government.
Please see full publication below for more information.