The IRS has released initial guidance on the relatively new Code Sec. 83(i), added by the 2017 Tax Cuts and Jobs Act (P.L. 115-97). Code Sec. 83 generally provides for the federal income tax treatment of property transferred in connection with the performance of services. Code Sec. 83(i) allow certain employees to elect to defer […]
The post IRS Provides Guidance on Tax Benefit for Stock Options and Restricted Stock Units (IR-2018-246; Notice 2018-97) appeared first on Tax & Accounting Blog.