by Mike Baker | Jun 14, 2025
November 2014: I was laying in bed reading abovethelaw.com when to my delight I ran across the newly announced Cravath bonus scale (Cravath is a New York law firm that is often the first to announce its associate year-end bonus numbers). Cooley had never been a market...
by Mike Baker | May 21, 2025
You have a brilliant business idea. And you can see yourself as a millionaire. But sadly, you’re frozen by the very first decision you have to make: Do you form the company as an S corp, C corp, or LLC? Today’s your lucky day. I’ll make it easy for you. If you plan on...
by Mike Baker | May 18, 2025
“You filed your Section 83(b) election, right?” Silence. “Right?” I gave a presentation years ago on how to fix a missed tax code Section 83(b) election. My phone started ringing the moment I returned to my office. Turns out, these get missed. Apparently, founders...
by Mike Baker | Apr 13, 2025
How do you pay $0 in federal tax on a gain of up to $10M or even more? By selling qualified small business stock (QSBS) that you’ve held for more than 5 years. What is even more amazing, is that the government has left it up to the taxpayer to self-report whether the...
by Mike Baker | Mar 23, 2025
There has been much action in Washington D.C. with the new administration. One of the talking points that is still in process is the “One, Big Beautiful Bill” that addresses tax reform. Sunset Provisions Under the Tax Cuts and Jobs Act (TCJA) enacted during the...
