Recent Articles

FTC Recommendations on Identity Theft and SSNs for Private Sector

Joseph M. Wallin
January 07, 2009 16:24

By Megan Vogel, Rebecca L. Williams, R.N., J.D., Brent R. Eller and Ronald G. London In response to a mandate from the President’s Identity Theft Task Force, the Federal Trade Commission (FTC) issued its report, “Security in Numbers: SSNs and Identity Theft,” on Dec. 17,...

Good Slide Show On Introduction To Venture Capital

Joseph M. Wallin
January 06, 2009 22:59

Introduction to Venture CapitalView SlideShare presentation or Upload your own. (tags: venture capital)

The Tax Problem With Using Nonrecourse Loans To Buy Restricted Stock

Joseph M. Wallin
December 23, 2008 18:26

Executives frequently desire to start their capital gains holdings period with respect to their equity compensation awards immediately upon receipt of the awards.  This generally cannot be accomplished if the executive receives stock options (the exception being the receipt of an immediately...

Revised Age-Verification Rules Under Sections 2257 and 2257A for "Sexually Explicit" Materials Have Narrower-Than-Expected Scope

Joseph M. Wallin
December 22, 2008 23:19

DOJ departs from original proposals: excludes most “mainstream” content, minimizes burden where new rules apply, grants new recordkeeping and labeling flexibility By Robert Corn-Revere and Ronald G. London On Dec. 18, the Department of Justice updated its regulations and adopted...

Great Article on Section 409A As Applicable To NFL Player Contracts

Joseph M. Wallin
December 18, 2008 16:29

Credit to TaxProf Blog. To read the story about the application of Section 409A to typical NFL player contracts, which appeared in The National Football Post, read here.  

Basis of Stock Received in Type B Reorganizations

Joseph M. Wallin
December 12, 2008 17:45

 "Notice 2009-04 describes methodologies that the IRS is considering publishing as safe harbors to be used in the determination of basis in stock that is acquired in a “B” reorganization or other transferred basis transaction.  The methodologies are intended to...

IRS Final Regulations Regarding Creditors & Continuity of Interest for Reorganization Purposes

Joseph M. Wallin
December 12, 2008 17:40

 "TD 9434 contains final regulations providing guidance regarding when and to what extent creditors of a corporation will be treated as proprietors of the corporation in determining whether continuity of interest (“COI”) is preserved in a potential reorganization. ...

Copy of Auto Industry Bill Passed By House

Joseph M. Wallin
December 11, 2008 18:40

 A copy of the legislation passed by the House can be found here.

Draft of Auto Industry Financing and Restructuring Act

Joseph M. Wallin
December 10, 2008 23:25

A draft of the Auto Industry Financing and Restructuring Act can be found here.  

More Secton 409A Guidance

Joseph M. Wallin
December 10, 2008 18:54

 "Notice 2008-115 provides guidance to employers and payers on their reporting and wage withholding requirements for calendar year 2008 with respect to deferrals of compensation and amounts includible in gross income under section 409A of the Internal Revenue Code.  In addition,...