IRC Section 83(b) Election for Restricted Property: New Form 15620, Advantages and Risks of Making the Election

Mr. Gelfand focuses his practice on advising public and private companies, and private equity clients, in financial and strategic merger and acquisition transactions and executive compensation matters, as well as assisting asset management clients with the structuring, implementation, and administration of carried interest and “phantom” carried interest programs. He advises clients on the compensation, benefits, and employment-related aspects of domestic and international merger, acquisition, and finance transactions for companies and private equity clients. Mr. Gelfand also assists clients with the design, implementation, and administration of equity and incentive compensation plans, including carried interest and “phantom” carried interest plans, the negotiation of executive employment, severance, and other compensation arrangements, and public disclosures relating to executive compensation

Mr. Wilkinson provides clients with insight into the income tax implications of their business transactions and helps them to come up with tax-efficient, tax-compliant structures that maximize value while minimizing tax risk. He advises on matters relating to mergers, acquisitions, distributions, entity formation, qualified small business stock (Section 1202), private equity investments, capital structure, loans, equity compensation plans (including Section 409A compliance and risk), and implications of new legislation and guidance. Mr. wilkinson earned degrees from Harvard University (A.B.), Columbia Law School (J.D.) and New York University School of Law (LL.M.). He is an active member of the American Bar Association.