|
|
|
» From: Dunn, NC Dear TaxMama: An employee wants shares of our C corporation stock in lieu of payment (about $3000). How do I do this? How does the IRS get its share? Curtis Dear Curtis, Run, don't walk to your nearest tax attorney. There are so many ways to handle this, some which result in immediate taxes, others that don't. You have your state corporation department involved in the issued shares. You have contracts involved. You have tax forms or elections that need to be made. Go, see someone who can take care of the details. This is not for the do-it-yourselfer. Incidentally, for only $3,000, it may be cheaper to just pay him. Best wishes, Eva Rosenberg Your TaxMama  |
 |
|
|
 |
|