Search results

We're talking about a 10 person startup pre-revenue with maybe an angel investor. There in fact is a law called the Securities Act of 1933 that says you can't sell unregistered stock to anyone who isn't a qualified investor, so that eliminates more than 99% of your potential buyers. Now you've...

You are entirely missing the point. It matters a whole hell of a lot if I have to pay taxes on options the day they vest when I'm making $50,000 a year living in San Francisco and there's a non-zero probability that I'll never even exercise the options because the company won't be in business in...

What does that have to do with what the Toys R Us bondholders get to do with their company? I'm pissed about the Iraq war too, but I'm not going to bring it up here! BTW, it did work if the intent was to maintain the banks and car companies as profitable going concerns, which is the intent in...

The mixing route is the only way to prevent tracking, but it has some significant limitations itself especially when you're talking that much. And we know about it but most people here, until reading this, probably assumed bitcoin was untraceable, which was my point. Tracking forward is...

I own puts on SHLD, and interestingly it's based on exactly what we're talking about here. I think the CEO of SHLD is both a horrible leader and has horrible ideas with his whole "make Sears like Apple" thing, so it's a bet on executive team, not the company itself. If they fired him and the...

Sadly may be true in aggregate, but probably not for the vast majority of the people here who really believe the tax plan is a good idea from an economic perspective. Just trying to point out that at least this part of it is the antithesis of what they truly believe is good, in the hopes that...

Deep thought for today: Tracking where something went is different than tracking where it came from. Read the article.

You hit the nail on the head with a couple things. First, the debt holders won't collect much of anything....if they decided to liquidate. If they were doing a chapter 7, then any bonuses would generally be inexcusable. But, as you pointed out, if they didn't have $400M in interest payments...

Its not stock people, it's options! You do pay tax now when your stock vests or when you exercise your non-qualified options. They want to change it to a taxable event when an option vests. An employee stock option can't be sold. So if you're talking a small company you're talking about using...

Non-qualified stock options are currently not taxed at vesting, only when you exercise the option to purchase the stock, so your understanding was incorrect for NSOs (and ISOs). The proposed law would change them to being taxable at the time of vesting, which would absolutely destroy the startup...

Like many "common sense" responses this isn't as black and white as you might first think. Let's say you're a top executive, brought in to turn around a failing company. Turns out you realize a year and a half later that it's just not possible, so you declare chapter 11 to salvage as much value...

Good point.

Obviously less than ideal. I'm just pointing out that entities aren't unable to lay off risk during the weekend, as was implied. Here's where someone always points out that if you're undercapitalized enough that you can't lay off the risk in the actual BTC over the weekend you have no business...

Presumably you can always hedge your exposure using physicals during the weekend, right? Not sure what the issue is.

So let's see, Soes has unilaterally determined that all chaos theory, the increasing returns to adoption concept, and climate change theory are all hoaxes. What's next, this whole bullshit gravity theory that all these pinheads have developed?

No surprise when you pay the people at the SEC crap compared to GOOG, then every armchair quarterback questions them for not enforcing enough, enforcing too much, getting paid too much, being lazy government workers....what else would one expect?

Absolutely, trust a random jackass on the internet over a CPA who puts his name, reputation, and livelihood on the line when he publishes tax advice. And by the way, that reputation it pretty good. Yours on the other hand......

Interesting, still pretty surprised they'd specifically address an IRS tax situation, but I'll take you at your word.

Any reason not to post the name of that other forum? Baron's pretty open when it comes to sharing anything here, including that.

So you specifically asked them if "if buying a seat automatically makes me a dealer in the eyes of the IRS"? And they said yes? Or did you ask them if it made you a dealer, absent the "in the eyes of the IRS" part and they said yes, and now you're making the connection that it would be a...