Original Message:
Sent: 02-05-2025 10:09
From: Igniters Legal
Subject: Ask us anything: Taxes with Withum
Thank you for organizing this AMA session! It's great to have experts like Sam and Nicole providing insights on such important tax topics for founders and employees in the tech space. Equity compensation can be complex, especially when considering tax implications for both companies and individuals, so I appreciate the opportunity to ask this question.
RSUs appear to be the only way to acquire common stock without any cash payment. What are the tax advantages and disadvantages of RSUs compared to granting standard stock option or issuing common stock, both for the company and the recipient (optionee)?
For non-U.S. residents, what is the best method in terms of tax efficiency and compliance burden for both the company and the employee? (Between RSU, ISO or NSO)
For U.S. residents, which is generally preferable between ISOs and RSUs from a tax perspective?
Lastly, does the public or private status of a company change these considerations?
Thank you in advance.
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Igniters Legal
Original Message:
Sent: 02-05-2025 09:48
From: Grace Chen
Subject: Ask us anything: Taxes with Withum
Thanks, Nicole and Sam, for organizing this event. We are new to Carta and appreciate the resources available through the platform.
I am looking for a new tax firm to assist with our tax filings this year. Specifically, we have questions about sales tax for our medical devices in California and need to get the tax-exempt form filed as soon as possible.
Could you connect with me to discuss this further and outline the next steps?
Looking forward to your response.
Best,
Grace
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Grace Chen
Original Message:
Sent: 01-29-2025 10:16
From: Nicole Angiuoli
Subject: Ask us anything: Taxes with Withum
Hi Carta Community! Excited to kick off the Ask Me Anything event February 5th!
During this event, we have two tax specialists from Withum, Sam Greenbaum and Nicole Angiuoli. Our specialized group of individuals services hundreds of some of the most well-known tech and emerging growth companies and our knowledge of the industry allows us to expertly guide them through their unique financial challenges. Not only do we provide tax and audit services, our advisory and consulting experience provides a wide spectrum of opportunities for us to work together.
Sam Greenbaum, CPA is a tax partner at Withum in the firm's Technology and Emerging Growth Services Group. Sam is also the co-leader of our e-commerce sector & fem-tech sector and an active member of our Women in Tech Group. As a tax partner, Sam is dedicated to servicing her clients and building lasting relationships. She also focuses on tax planning and consulting, management and review of corporate tax returns and tax provisions under ASC 740, and have experience with QSBS, secondary transactions, tax credits and incentives (i.e., R&D, excelsior, QETC), state and local income tax, sales tax, and international tax.
Nicole Angiuoli, CPA is a tax supervisor at Withum in the firm's Founders & Tech Executives Group within the firm's Technology and Emerging Growth Services Group. Founders and executives face unique situations and tax issues that are distinct from their businesses. Withum's Founders Group can offer an unmatched network of resources designed to ensure you have the skilled assistance necessary to mitigate taxes, maximize wealth and achieve your goals. We specialize in planning for equity compensation and QSBS, among many other areas.
The discussions and materials presented for this presentation have been prepared by Withum for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors for your particular situation.
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Nicole Angiuoli, CPA
Tax Supervisor
Founders and Tech Executive Group
Withum
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