eShares puts the screws to 409A auditors

 Every startup that gives employees option grants has to comply with 409A, a section of the U.S. tax code that was established in late 2004 and basically states that a company has to pay tax on some of the compensation it defers, including those options. The 409A valuations are a way to get to their value. Unfortunately, for much of the last 12 years, such 409A audits have proved… Read More