by Mike Baker | Oct 8, 2025
Updated. Originally posted May 1, 2021. When selling an S corporation, an increasingly common structure is the so-called “F” reorg QSub drop. This structure has gained popularity because it offers valuable tax advantages for both the buyer and the seller. Tax...
by Brian Rogers | Aug 10, 2025
My route towards becoming a tax lawyer was circuitous, but the common thread was a love for learning and communicating about technical subjects. I was born and raised in Iowa, which was a wonderful place to grow up in. (Humidity and allergies aside!) I stayed local...
by Mike Baker | Aug 8, 2025
A parachute payment, in everyday terms, is money (or property) paid to an executive when a company is sold — to help them “land softly.” In tax-speak, however, parachute payments are more complicated. Here’s the story: In the 1980s, after public outcry over executives...
by Austin Stack | Aug 4, 2025
Many kids say they want to be a lawyer when they grow up. However, I have yet to hear one say “I want to be an executive compensation and employee benefits lawyer.” Admittedly, I also did not make that declaration, even in law school! My journey here to Baker Tax Law...
by Mike Baker | Jul 30, 2025
We see a lot of cap tables, and we’ll be blunt: most early-stage startups get at least a few things wrong. Some mistakes are harmless—like rounding ownership to a tenth of a percent. Others can wreck a financing, trigger tax disasters, or undermine employee trust....
by Austin Stack | Jul 22, 2025
Back in November 2024, the IRS first released Form 15620 as a standardized way to make an election under Section 83(b) of the Internal Revenue Code. However, until recently, Form 15620 still had to be physically mailed to the IRS. The IRS now allows for Form 15620...
