As tangy autumn breezes usher in that back-to-school feeling, we at myStockOptions.com have published a pair of exclusive new articles for executive education about stock compensation and related issues.
In a two-part series, Compliance Concerns That Executives Must Understand To Prevent SEC, IRS, And Corporate Problems, financial planner Richard Friedman of The Ayco Company explains his top 10 most important points executives must know to stay out of trouble with their equity awards. This article nicely complements the other articles and FAQs in the SEC Law section at myStockOptions.com. Part 1 focuses on compliance issues involving company stock holdings and transactions, including the topics of insider trading, Section 16, share-ownership requirements, and Rule 144. Part 2 presents several more issues, including those involving foreign financial interests, nonresident state tax returns, retirement plan funding, and company rules.
"Ways to measure and address risk have become important for Corporate America," asserts Mr. Friedman. "One of the often underappreciated moral hazards facing companies of all sizes is the risk that an executive or employee may violate corporate, tax, or securities law. As companies are subject to enhanced and often mandated disclosure, violations can lead to unwanted public attention, embarrassment, and reputational risk."
Meanwhile, compensation and benefits attorney Michael Melbinger, of Winston & Strawn in Chicago, has written an article specifically on the unique equity-award tax issues faced by non-US executives preparing to work in the United States. Foreign Executives Transferring To The United States: Tax-Planning Strategies For Equity Compensation outlines the significant tax and estate-planning opportunities—and traps—that exist for foreign executives coming to America. "If you are a foreign national who will become a resident alien in the US," writes the author, "timing is crucial in the recognition of income and the payment of deductible expenses."
At myStockOptions.com, our publication schedule runs all year. Check back often for new articles, and remember that any or all of our content is available for licensing by companies as part of their stock plan education for employees and executives.
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