Legal Question in Tax Law in Maryland

My privately owned company gave me 5,000 worth of stock as a "bonus." I cannot sell the stock unless I leave the company and it is non transferable. I was told I'd receive Form K for the stock, but did not. I was shocked when the 5,000 theoretical stock value was included in my W-2 as income! This is "income" I didn't receive and and for which no deductions were withheld. What can I do?


Asked on 3/07/16, 12:09 pm

1 Answer from Attorneys

Robert Beatson, II Law Offices of Robert Beatson, II

Dear Sir/Madam,

Your matter will require careful review and analysis of the facts for each tax year. An experienced tax professional should be able to handle this. Please contact me if I can be of any help to you or people you know now or in the future. Please note that a signed engagement letter is required under the MD ethics rules applicable to attorneys in order for this law office to provide professional tax/legal services to you. 30+ years of experience and further information about my law practice is at www.beatsonlaw.com

Sincerely,

Bob Beatson, 3-8-2016, 9:35 a.m. EST

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Law Offices of Robert Beatson II

9818 Glynshire Way

Potomac, MD 20854

Tel/Fax 301-340-2951

email: [email protected]

website: www.beatsonlaw.com

Practice areas: Tax, business law, computer/high tech/biotech law, intellectual property, trusts/estates/wills, real estate, civil litigation, mediation.

Licensed to practice law in: DC, MD, VA, and NY

ABA Member since 1980

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Answered on 3/08/16, 6:38 am


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