As I’ve written about in the past, founders of a startup should have their equity vested. There are times when you may not want to, but the majority of the time it is beneficial. Some investors may insist upon it, although its one of the things in the negotiations. If the founder’s stock is vested, they should make an 83-b election. To not do so could turn into a lot of tax due to the IRS over the years the stock will vest. We’ll discuss how it works and how to make the election here. Read more
Category: Tax
Installing a Solar PV System – Credits/Incentives
Obviously using renewable energy sources, such as solar, is a worthy sustainable practice. Although, installing solar panels may be worth it from a financial standpoint now. Really. If you have the up front money to cover the installation for your industrial, commercial, non-profit or residential use, you look to save a good deal of money over the next couple of years – generally an installation will “pay” for itself over a seven year timespan.