Headlines about "Executive benefits"
Gathered from the web by the editors at BenefitsLink.com.
[Guidance Overview] ERISA Preempted State Claim That Employment Contract Promised Benefit Under Pension Plan
"[The Second Circuit Court of Appeals] rejected the employee's contention that the employment agreement created a right to the [pension plan's previous benefit formula in effect at the time of separation from service] separate and independent from the plan. The employment agreement did no more than describe the benefits ... that the employee would acquire upon his return to employment. The agreement made clear that such benefits arose from, and were governed by, the terms of the plan. Thus, ERISA preempted the breach of contract claim.' (Wolters Kluwer Law & Business / CCH)
Delaware Court Dismisses 162(m) Claims and Denies Plaintiff's Request for Fees
"In Freedman v. Adams, a 'shareholder' brought derivative claims against the board of directors of XTO Energy alleging breaches of fiduciary duty and waste due to the board's alleged failure to structure over $40 million of executive bonuses over a three-year period in a manner that would have made them deductible under Code Sec. 162(m). Apparently, the board get religion after the lawsuit was filed and approved a Section 162(m) plan for cash bonuses shortly thereafter. However, the Delaware Chancery Court rejected all claims relating to Code Section 162(m)[.]" (Winston & Strawn LLP)
[Guidance Overview] Tax Treatment of Executive Compensation Clawbacks
Addresses tax issues raised by clawbacks and their solutions. Topics are: (1) repayment of same year's compensation; (2) repayment of prior year's compensation; (3) retroactive clawbacks; (4) bad boy clawbacks; (5) retirees and other former employees; (6) Section 409A; (7) employer stock; (8) FICA taxes; and (9) practical conclusions. (Ivins, Phillips & Barker)
Executive Travel on Corporate Aircraft: Strategies for Regulatory Compliance and Tax Efficiency
"This newsletter describes in plain English the basic requirements and strategies for dealing with the myriad rules presented with respect to executive and guest travel on company aircraft, and recommends as a solution the adoption of a carefully drafted executive aircraft use policy." (McDermott Will & Emery)
'It's Good to Be the King!' -- CEO Pay Is 231 Times Pay of Average Worker
"From 1978-2011, CEO compensation grew more than 725 percent, substantially more than the stock market and remarkably more than the annual compensation of a typical private-sector worker, which grew a meager 5.7 percent." (Economic Policy Institute)
[Guidance Overview] SEC Guidance Addresses Scaled Disclosure and Other Emerging Growth Company Issues under the JOBS Act
"Certain provisions of the JOBS Act conflict with SEC form requirements, Regulation S-X and Regulation S-K. An [Emerging Growth Company] may comply with the JOBS Act disclosure provisions in its registration statements, periodic reports and proxy statements, even if doing so would be inconsistent with existing rules and regulations. The disclosure provisions in the JOBS Act supersede, in relevant part, existing rules and regulations." (Hinshaw)
Take Steps to Ensure Effectiveness of Stock-Based Pay
"Is it time for employers to rethink stock-based compensation for broad groups of employees? The answer depends on what the company wants to accomplish and whether stock-based pay is the best way to spur the employee performance to achieve those goals." (Society for Human Resource Management)
The Evolving Say on Dodd-Frank's Say-on-Pay
"While shareholder disapprovals remain uncommon, it is clear that compensation and the manner in which it is awarded should be carefully considered before subjecting the compensation to a shareholder vote. CEOs often engage counsel to advocate for a compensation package. It is increasingly obvious, however, that compensation committees must also receive independent counsel to evaluate performance objectives and analyze executive compensation in similarly-situated companies." (Employee Benefits Counsel)
Hedging Nonqualified Deferred Compensation Plans (PDF)
"NQDC Plans create both economic and accounting volatility; companies who sponsor plans may decide a hedge of the NQDC liability is prudent to offset these risks. The NQDC Plan appears as an operating expense on the employer's income statement ... and creates an increasing liability on its balance sheet until benefits are paid. The eventual payment of the benefits will result in a funding requirement. The change in the size of the NQDC Plan due to change in value of the underlying reference investments creates volatility on the plan sponsor's income statement." (BNY Mellon)
[Guidance Overview] SEC Issues FAQs on JOBS Act: Relaxed Disclosure Requirements for Emerging Growth Companies
"A company that qualifies as an EGC will be able to maintain that status until the earliest of: five years when annual gross revenues exceed $1 billion when the issuer has issued more than $1 billion of non-convertible debt in a three-year period, or the date on which the issuer is deemed to be a 'large accelerated filer' as defined in the rules promulgated under the Exchange Act[.]" (Ballard Sphar LLP)
Tennis, Anyone? Country Club Remains a Perk for Many CEOs
"While many companies are stripping away some of the costly perks bestowed on CEOs, one remains a staple of many executive compensation packages: the country club membership.... Of more than 130 companies paying for clubs, nearly 50% are local or regional financial firms. The cost can be eye-popping." (USA TODAY)
'What, Me Worry?' -- Shareholders Overwhelmingly Sanguine about Executive Comp Practices
"With the second proxy season of the 'say on pay' era now under way, it should be obvious that intense public outrage over supposedly excessive executive compensation is nothing more than a myth. Only 5 of 177 companies that held the shareholder advisory votes by April 20 received the dreaded thumbs-down. Last year just 45 companies -- less than 2% of those required to hold the nonbinding polls -- were hit with 'no' votes." (CFO)
Dismissal of Shareholder's 'Say on Pay' Lawsuit Provides Opportunity for Executive Compensation Counselors
"[W]hat makes the court's dismissal of In re Jacobs Engineering Group Inc. Consolidated Shareholder Derivative Litigation ... so interesting, is that the court quoted directly from the CD&A section of the proxy statement the company's explanation [of] its 2010 compensation decisions as evidence that the compensation committee of the board had clearly exercised its business judgment in settling the compensation." (Winston & Strawn LLP)
Trends in Proxy Statement Disclosure for the 2012 Season (PDF)
"Disclosure in proxy statements is evolving, reflecting efforts by boards to strengthen communication on topics of investor interest.... [S]ome boards are maximizing proxy statement disclosures and maintaining ongoing communication with investors. Boards must balance these trends with the obligation to ensure that the company's governance practices are appropriate for its specific circumstances." (Ernst & Young LLP)
[Guidance Overview] JOBS Act FAQs Address Pay-Related Disclosures
"Since the enactment of the Jumpstart Our Business Startups Act on April 5, the SEC staff has been busy posting FAQs to assist companies in interpreting the new law. The most recent round includes guidance on the act's scaled pay disclosure provisions. These 17 FAQs also clarify the definition of 'emerging growth company' and address other questions of general applicability." (Mercer)
Analyze Compensation Programs to Reveal Business Risks
"The new corporate governance environment and legislative imperatives have ratcheted up complexity and transparency to a new level, placing much greater demands on the HR function and the board's compensation committee. In addition, companies face continued changes in proxy disclosure rules, which provide investors and other stakeholders with a far more detailed understanding of the committee's decision-making processes." (PricewaterhouseCoopers LLP)
Employees Want a Say on the Boss's Pay
"Here and there this proxy season, executive pay is coming under attack from the people who actually own public companies, which is to say, stockholders.... One potentially powerful class of shareholders -- employees -- seems to be rousing, too. And, to the degree that employee-shareholders band together to have their say on the boss's pay, they can be a formidable force." (The New York Times; free registration required)
Identifying Opportunities in Employee Benefits and Executive Compensation Considerations in Private Equity Transactions
"In both asset and equity transactions, the treatment of equity plans, change in control agreements and other non-qualified deferred compensation arrangements can be the subject of significant negotiation. In addition to compliance with Section 409A, if the transaction triggers a change in control or a separation from service for the executive, executives can find themselves in possession of substantial payments earlier than desired. Often non-qualified deferred compensation arrangements and some equity plans are unfunded (with no associated 'rabbi trusts'), which results in significant payments made from the target's general assets." (McDermott Will & Emery)
Most Citigroup Shareholders Oppose $15 Million Pay Package for CEO
"The shareholder vote, which comes amid a rising national debate over income inequality, suggests that anger over pay for chief executives has spread from Occupy Wall Street to wealthy institutional investors like pension fund and mutual fund managers. About 55 percent of the shareholders voting were against the plan, which laid out compensation for the bank's five top executives[.]" (The New York Times; free registration required)
[Guidance Overview] Executive Compensation Disclosure Scaled Back under JOBS Act for Certain Companies
"The JOBS Act allows [emerging growth companies] to meet [SEC] executive-compensation disclosure requirements (under Item 402 of Regulation S-K) by providing the abbreviated form of disclosure otherwise permitted for companies with a market value of outstanding common equity held by nonaffiliates of less than $75 million." (CFO)
[Guidance Overview] Fiduciary Exception to Attorney-Client Privilege Does Not Apply to Top Hat Plan
"The court considered an employee's motion to compel documents with respect to her employer's nonqualified pension benefit plan called the 'Wealth Accumulation Plan.' The employee asserted that the lawsuit turned on the single issue of whether the Wealth Accumulation Plan was a valid 'top hat' plan exempt from certain ERISA requirements." (Haynes and Boone)
[Guidance Overview] JOBS Act Expands Registration Exception for Private Companies and Employee Stock Plans
"The JOBS Act also requires the SEC to adopt safe harbor provisions that companies can follow when determining whether holders of their securities received the securities pursuant to an employee compensation plan in transactions that were exempt from the registration requirements of Section 5 of the Securities Act." (Haynes and Boone)
[Guidance Overview] Jobs Act Exemption for an 'Emerging Growth Company' from Executive Compensation Reporting Requirements
"The SEC is also required to review Regulation S-K to determine which requirements can be simplified for emerging growth companies." (Haynes and Boone)
China's New Foreign Exchange Control Rule on Equity Incentive Plans for Employees in Chinese Affiliates
"New requirements for foreign exchange registration of equity incentive plans are now in effect. Overseas-listed companies that grant equity awards to employees of their Chinese affiliates should review their registration status and periodic filing schedules to make sure they are in compliance, especially in view of the new, shorter deadline for filing quarterly reports and the need to file amendments." (Pillsbury)
[Guidance Overview] SEC Issues First Guidance on JOBS Act
"[SEC] has published Frequently Asked Questions to provide initial guidance on the implementation and application of the law." (Ballard Sphar LLP)
Certain Executive Pay Mandates Eased for 'Emerging Growth' and Private Companies
"The Jumpstart Our Business Startups Act, signed into law April 5, eases executive pay compliance for a new category of issuers: 'emerging growth companies.' Qualifying companies that go public after Dec. 8, 2011, are temporarily exempt from the Dodd-Frank Act's shareholder say-on-pay mandates and its pay-for-performance and internal pay equity disclosures. While exempt, these start-ups can follow the limited executive pay disclosure rules for 'smaller reporting companies.' The act also eases registration triggers for private companies issuing equity awards under employee pay plans." (Mercer)
Executives Should Beware the Dark Side of Clawbacks
"[A recent Wall Street Journal article entitled] 'For Feds, "Lying" Is a Handy Charge,' illustrates the alarming increase in cases of prosecutorial abuse against executives. These are not clawback cases -- yet. However, they show why executives are rightfully concerned about the existence of unchecked clawback power in the hands of the board of directors or anyone else." (Winston & Strawn)
[Guidance Overview] Form 8938 And FATCA: Considering Some of The Issues for 2011
"[I]ndividual U.S. taxpayers and their employers have been wrestling with issues in how to fill out new Form 8938, the individual reporting form under FATCA (Code section 6038D), which is due with the individual's income tax return for 2011, with extensions, concerning their participation in foreign pensions, deferred compensation and equity-based compensation plans." (Groom Law Group)
Avoiding 409A Pitfalls in Severance Agreements (PDF)
"[Materials from] the second installment in the 409A Basics Webinar Series, which centered on how to avoid pitfalls in severance agreements. Topics discussed included: Structuring severance benefits to be exempt from Section 409A; Separation from service requirements to commence severance; Six-month delay considerations for severance benefits payable to specified employees; Postemployment benefits and reimbursements[.]" (Morgan Lewis)
Four Employee Benefit Plan Tips for HR and Finance Departments
"The Society of Actuaries exposure draft of a new mortality improvement scale, if adopted, is expected to result in increases in traditional pension plan liabilities of 2% to 4% and in retiree health care liabilities of 6% to 9%.... [I]f you have never had your [401(k)] safe harbor notice reviewed by counsel, now is a great time to make sure it is compliant.... The IRS has given employers an opportunity to correct deficiencies [under section 409A] in release language [in employment contracts and severance agreements] without any penalties or reporting requirements, but to be entitled to relief, agreements must be amended no later than December 31, 2012.... Some of the nation�s largest consulting firms (Aon Hewitt and Mercer), as well as other companies in the insurance business, are rolling out private health insurance exchanges for employers." (Poyner Spruill LLP)
In Chief Executives' Pay, a Rich Game of Thrones
"IS any C.E.O. worth $1 million a day? That's roughly $42,000 an hour. Or $700 a minute. Or $12 a second.... At Apple, the answer to that question is an emphatic yes, and then some.... [Timothy D. Cook] was paid a cash salary of roughly $900,000 in 2011. On its own, that would have been a ho-hum paycheck for a top American C.E.O. in recent years. But then came a wild extra, a one-time award, in the form of Apple stock. It was initially worth a staggering $376.2 million. As of the end of last week, it was valued at roughly $634 million[.]" (The New York Times; free registration required)
[Guidance Overview] Emerging Growth Companies Exempted From Certain Compensation-Related Reporting Requirements
"[T]he JOBS Act makes it easier for emerging growth companies to go public by providing them with relief from certain executive compensation reporting requirements otherwise required by the Dodd-Frank Act. This update covers only the executive compensation provisions[.]" (Practical Law Company)
FATCA Filing Requirements Apply to Employees Due to Employer-Sponsored Plans
"FATCA's reach is broader than you might think, as 'foreign financial assets' include ... an interest under a foreign pension or deferred compensation plan.... [I]t is strictly the employee's responsibility to make the required filing. However, [because penalties for failure to file are significant,] companies with a multinational and mobile workforce should consider alerting their employees to the possible filing obligation, if they have not already done so." (Winston & Strawn)
Bipartisan JOBS Act Provides Significant Reforms to Public and Private Securities Offerings
"Some provisions, such as the IPO-related ones, are effective immediately upon signing into law, and some, such as the elimination of general solicitation in Rule 506 offerings, crowdfunding and the new small issue exemption, will require adoption of related SEC rules." (Faegre Baker Daniels)
Repercussions for Stock Plans in the JOBS Act
"The JOBS Act [Section 501] now greatly expands the exception for private companies and stock plan awards by amending [a section of the 1934 Act] to read as follows: (A) within 120 days after the last day of its first fiscal year ended on which the issuer has total assets exceeding $10,000,000 and a class of equity security (other than an exempted security) held of record by either -- (i) 2,000 persons, or (ii) 500 persons who are not accredited investors (as such term is defined by the Commission)[.]" (Winston & Strawn LLP)
Congress Passes JOBS Act in Effort to Make Raising Capital Easier and Provides Exemption from Certain Financial Disclosure and Governance Requirements
"[An Emerging Growth Company] will not have to comply with the 'Say-On-Pay', 'Shareholder Approval of Golden Parachute Compensation' and 'Disclosure of Pay Versus Performance' provisions that were included as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act; the SEC rules to implement the last listed provision have not been adopted. Furthermore, an EGC may elect smaller reporting company scaled back disclosure under Item 402 of Regulation S-K with respect to executive compensation disclosures." (Hinshaw)
Jumpstart Our Business Startups (JOBS) Act Exempts Emerging Growth Companies from Certain Compensation-Related Reporting Requirements
"The House of Representatives and the Senate each passed the [JOBS Act], which aims to facilitate business formation by reforming capital requirements for emerging growth companies. President Obama is expected to sign the JOBS Act on Thursday, April 5th." (Practical Law Company)
[Guidance Overview] New Foreign Financial Asset Reporting Requirement with Deadline of April 17, 2012
"The Foreign Account Tax Compliance Act (FATCA) requires certain U.S. taxpayers holding foreign financial assets, including an interest under a foreign pension or deferred compensation plan and foreign equity awards, to report those interests beginning with this tax filing season. Taxpayers who fail to meet their obligation to file Form 8938 are subject to significant penalties.... Note that FATCA reporting requirements are separate from FBAR reporting of foreign financial accounts[.]" (McDermott)
[Guidance Overview] Should Section 457(f) Apply to Deferred Compensation Plan of For-Profit Subsidiary of Tax-Exempt Organization?
"[T]he provisions of Code Section 457 (and the related Treasury Regulations, which [are not cited] here) as well as a Private Letter Ruling generally support the conclusions that no part of Code Section 457, including Section 457(f), should apply to the for-profit subsidiary of a tax-exempt entity. But it takes more than a few steps, and a modicum of hand wringing, to get reach that conclusion. Wouldn't it be great if the forthcoming regulations were to confirm this explicitly? Perhaps they will." (Verrill Dana)
[Guidance Overview] Presentation on Code Section 409A: Revisiting the Basics (PDF)
"Topics discussed included: Arrangements subject to, and excluded from, Section 409A requirements; Section 409A election timing rules; Section 409A payment restrictions and related exceptions; A brief summary of available relief for Section 409A compliance errors." (Morgan Lewis)
[Guidance Overview] Compensation Checklist for Public Companies
"Here is a seasonal reminder of two common annual compensation obligations for public companies: [the S-8 prospectus and the Specified employee determination.]" (Cooley LLP)
PLC What's Market Spotlight: PepsiCo, Inc. Executive Employment Agreement
"A spotlight on the PepsiCo, Inc. Executive Vice President, Government Affairs, General Counsel and Secretary employment agreement as tracked by PLC What's Market.... PLC What's Market provides a continuously updated database of executive employment agreement summaries, which cover provisions that are typically heavily negotiated, such as compensation, severance, and restrictive covenants as well as emerging trends related to the Dodd-Frank Act." (Practical Law Company)
Executive Compensation 2011 Year in Review (PDF)
"2011 was the first year of mandatory Say-on-Pay [SOP], the non-binding shareholder advisory vote on the compensation of named executive officers as disclosed in the proxy statement, and the frequency of future SOP votes. Other executive compensation developments in 2011 were voting policy changes of certain institutional shareholders and their advisers, dominated by Institutional Shareholder Services ..., related to SOP and other executive compensation-related proxy statement proposals." (Frederic W. Cook & Co., Inc.)
[Guidance Overview] Severance Pay Falls under Anti-Bias Law, Says Court
"An appeals court ruling that current and former employees can seek redress under Title VII of the Civil Rights Act of 1964 in a case involving a severance package is expected to be influential nationally. The decision in Karla Gerner vs. County of Chesterfield, Va. ... also should remind firms that it is necessary to dispense benefits equitably, experts say[.]" (Business Insurance; free registration required)
[Guidance Overview] FATCA Creates New Issues for Cross-Border Stock and Other Incentive Compensation Plans (PDF)
"When a multinational company implements product deployment, research, sales expansion and manufacturing on an international basis, it may want a unified approach to compensation incentives covering both U.S. and other foreign executives. This means a U.S. citizen or resident who works outside the U.S. and is in an incentive program designed by a non-U.S. employer can face surprising, often serious tax problems. A non-U.S. citizen who is assigned to the U.S. but stays in their home country incentive plan may also have U.S. tax problems. And now, new issues are arising from the U.S. Foreign Account Tax Compliance Act." (Pillsbury)
[Guidance Overview] Employers Should Considering Providing Notice of FATCA Disclosure Requirement to Employees Participating in Non-U.S. Retirement Plans
"Obscure tax reporting requirements under FATCA require that certain U.S. individual taxpayers disclose -- on Form 8938 to their 1040s due April 15, 2012 and thereafter -- their interests in 'specified foreign financial assets' which include their equity holdings and awards received from non-U.S. entities. Interests in non-U.S. defined contribution plans, and distributions from non-U.S. defined benefit plans, are also potentially reportable." (Executive Pay and Loyalty)
[Guidance Overview] Upcoming IRS Guidance Regarding the Nonqualified Deferred Compensation Plans of Tax-Exempt Organizations (PDF)
"Apart from one brief regulation issued several years ago, the [IRS] hasnever issued comprehensive guidance for 457(f) plan sponsors. Comprehensive guidance has been discussed and was expected to be issued in 2011, but did not occur.... However, new guidance is anticipated within the next few months in the form of proposed regulations. Upon issuance of the regulations, the IRS will grant a 'comment period' during which thepublic will be able to review, and suggest changes to, the regulations. The guidance will likely cover [key areas as outlined in this article], according to informal IRS comments[.]" (Drinker Biddle)
Title VII Protection of Severance Benefits Extends to Former Employees
"Former and current employees can seek redress under Title VII of the Civil Rights Act of 1964, says a U.S. appellate court in a case involving a severance package." (Business Insurance; free registration required)
[Guidance Overview] Increased IRS Scrutiny of Executive Compensation and Common Errors Under Code Sections 409A and 162(M)
"In [the current] climate of increased transparency and disclosure, the IRS has stepped up its audit activity with respect to taxpayers' compliance with the requirements for nonqualified deferred compensation arrangements under Code Section 409A, as well as the $1 million annual deduction limitation on certain compensation paid to 'covered employees' of publicly-held corporations under Section 162(m)." (PricewaterhouseCoopers LLP.)
CEO Pay Characteristics Relative to Shareholder Dissent (PDF)
"With the advent of "say on pay" in the U.S. last year, much focus has been placed on the role of total shareholder return (TSR) in determining shareholder support or opposition to the non-binding management resolution. Yet, while TSR is widely seen as the most critical driver of votes, CEO pay magnitude also plays role, as evidenced by [an] analysis of voting data for 2011." (ISS Corporate Services)
Executive Pay Programs Stabilize, Reflecting Best Practices
"While the majority of companies reported making changes to plan performance measures in 2011, most companies are stabilizing their annual and long-term incentive programs despite renewed market volatility in the latter part of 2011." (Society for Human Resource Management)
[Opinion] Public Company Accounting Oversight Board's Recent Proposal on Executive Compensation
"The early leader for this year's 'Shocking Development of the Year Award' has to be last week's Public Company Accounting Oversight Board proposed amendments to auditing standards for identifying and assessing excessive risk in executive compensation programs.... If this proposal becomes a reality then it might be possible that an auditor could tell a company that its compensation programs are 'too risky' and that they cannot sign off on the financials, placing outside auditors in the role of pre-approving executive compensation programs. Nothing against auditors, but this is not their role, and I doubt that they want this role any more than we want to give it to them." (Winston & Strawn LLP)
[Guidance Overview] New FATCA Reporting Obligation May Affect Global U.S. Employees' 2011 Tax Returns
"Multinational corporations often have mobile employees as part of their global workforce participating in non-US retirement, deferred compensation and equity compensation plans. US taxpayers participating in such non-US retirement plans should be aware of potential new obligations to report those interests on IRS Form 8938, beginning with their individual tax returns for 2011." (Groom Law Group)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options and ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options and ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options & ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options & ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions.com)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options & ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions.com)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options & ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions.com)
[Guidance Overview] Avoid Tax Return Mistakes with Stock Options & ESPPs: What You Need to Know in 2012
"This tax return season has the potential to be more confusing than most if you sold stock last year. You must now file the new IRS Form 8949 along with the revised Schedule D. This change stems from the expansion of the information that brokers must report on IRS Form 1099-B. This article from myStockOptions.com has tips on these and other crucial tax return topics." (myStockOptions.com)
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