Rev. Rul. 2026-20 and Notice 2026-62: What the IRS 351 Exchange ETF Ruling Means for Investors
IRS Rev. Rul. 2026-20 and Notice 2026-62 treat some 351 exchange ETF conversions as taxable. See who is affected, what is allowed and California rules.
Compensation & Benefits Consulting
Case Study: How to Calculate AMT on ISOs & NSOs: Equity Compensation Tax Guide
Updated October 2026 with the 2026 AMT amounts under the 2025 federal tax law. Exercising Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs) can be one of the most stressful parts of an equity compensation package, especially when the Alternative Minimum Tax (AMT) leaves you with a surprise bill. In this Silicon Valley case
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Avoid Trouble: Don’t Let the IRS Set Your S Corporation Salary
You likely formed an S corporation to save on self-employment taxes. If so, is your S corporation salary nonexistent, too low, too high or just right? Why your S corporation salary matters Getting the salary right is important, for three reasons. Taxes and penalties. If the IRS finds your salary too low, you will owe
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All About Limited Liability Companies (LLCs)
Limited liability companies (LLCs) are a popular choice for small businesses and investment activities. This guide covers the most important things to know about limited liability companies, from legal protection to federal income tax treatment. Who owns limited liability companies? LLC owners are called members. An LLC can have one member or many. Single-member LLCs
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