08/01/2012
Payroll usually doesn’t withhold income and FICA taxes from employees who receive restricted stock until the restriction lapses and the stock vests. Under Section 83(b), however, employees can opt to have taxes withheld currently, long before the restriction lapses. The IRS has now provided sample language for an 83(b) election.
07/30/2012
How can an employer reduce its exposure to claims for off-the-clock work if employees use their own electronic devices for business purposes?