The Tax Book: Real Answers, Real Fast!       HOME       ORDER       ABOUT US       CONTACT
Results 1 to 4 of 4

Thread: Taxpayer receives Offer for Shares in C Corp

Threaded View

  1. #4
    Join Date
    Jan 2007


    Quote Originally Posted by S T View Post
    Thanks Roland,

    Your outline is what I thought - should be through payroll, however, that is not the information I am receiving from the 3rd party setting up the Stock Purchase and attorney, question out to the Accounting Firm.

    Obviously I have no control - I am representing the Taxpayer and trying to plan for Estimated Taxes for 2017.

    Is this a stock option? If read your original post correctly the employee is "purchasing" the stock vs Corp "stock for services" which may take this scenario down a different path than a W-2 path scenario.

    But with the limited information given to you places you in a difficult planning situation. Think best approach is to get necessary information from the attorney (hopefully a Tax Attorney) as to the stock structure (strategy) being developed.
    Last edited by TAXNJ; 07-01-2017 at 11:19 AM.
    Always cite your source for support to defend your opinion

Similar Threads

  1. Replies: 12
    Last Post: 04-24-2017, 01:34 PM
  2. Replies: 3
    Last Post: 03-21-2014, 10:06 AM
  3. S Corp shares gifted
    By DCS in forum Main Forum / Tax Discussion
    Replies: 0
    Last Post: 03-21-2014, 07:47 AM
  4. Sale of S Corp Shares
    By erchess in forum Main Forum / Tax Discussion
    Replies: 4
    Last Post: 12-30-2010, 03:39 PM
  5. Transferring S Corp Shares
    By JustChecking in forum Main Forum / Tax Discussion
    Replies: 2
    Last Post: 09-01-2008, 08:15 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Disclaimer: This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.