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By Dan Gertrudes • 28 May, 2024
Starting a new company is an exhilarating journey filled with opportunities and challenges. One critical factor that can significantly influence a startup's success is the presence of experienced advisors, particularly through the use of advisory shares. Advisors bring a wealth of knowledge, industry insights, and strategic guidance that can help navigate the complex landscape of entrepreneurship. This blog explores the importance of advisors for startups and provides a guide on how to issue advisory shares to maximize their value.
By Dan Gertrudes • 20 May, 2024
Filing an 83(b) election is a critical process for employees who receive restricted stock as part of their compensation. This election allows you to pay taxes on the total fair market value of the stock at the time of granting rather than at the time of vesting, potentially leading to significant tax savings. Here's a detailed, step-by-step guide on how to file an 83(b) election, including necessary documentation and IRS submission guidelines.
15 May, 2024
The final rule by the DOL amends the Fair Labor Standards Act (FLSA) to increase the salary threshold for overtime eligibility. This change demands a deep dive into the specific implications for different industries and organizations of varying sizes and locations. Fractional CFOs and HR experts play a pivotal role in devising compliance strategies tailored to these parameters.
