At Philip Stein & Associates, we have assisted thousands of hi-tech founders, executives, and employees with U.S. and Israeli tax matters. Our team of tax accountants for hi-tech employees and founders can help in the following areas:
Entity Structures
Relocations between Israel & the U.S.
83B Elections and Restricted Shares
RSUs and Stock Option Reporting and Optimizing
409A Compliance Advisory Services
Entity Structure Planning
Setting up a new business entity can be nerve-wracking. Many worry about making mistakes that could affect their long-term success. Whether you’re a CFO, financial manager, or an entrepreneur setting up a structure for working remotely, the fear of missteps is real.
At Philip Stein & Associates, we understand these concerns. With years of experience and a track record of successful entity setups with Israeli counterparts, we are here to guide you. Our expertise ensures that your structure, whether it involves LLCs, corporations, or partnerships, is optimized to meet your short-term and long-term goals.
For founders and companies operating between Israel and the U.S., working with a tax accountant with hi-tech experience can also help identify tax considerations early in the structuring process.
Relocations between Israel & the U.S.
Moving to a new country is both thrilling and daunting. The anxiety of the unknown often accompanies the excitement of new opportunities. As a hi-tech executive or employee, the stakes are even higher—you’re not just moving yourself, but potentially your entire family who depend on you. Whether moving to the U.S. to help grow your company or making Aliyah to Israel to live the dream, the process can feel overwhelming.
At Philip Stein & Associates, we provide the peace of mind you need to make your move successful. Our expertise ensures that all tax aspects are handled meticulously, allowing you to focus on the adventure of relocating. We help you understand your take-home salary and guide you through managing your accounts and equity grants properly before you move.
With our support, you can embrace the excitement of starting fresh in a new country without worrying about tax blunders. Trust us to smooth the path for your relocation so you can concentrate on making your transition as seamless and enjoyable as possible.
83B Elections and Restricted Shares
Deciding whether to file an 83B election for stock options or not is a crucial choice that many executives and employees at hi-tech startups find daunting. The decision is complex, with significant tax implications if not handled correctly, potentially leading to large tax liabilities at the time of sale or company exit.
At Philip Stein & Associates, we simplify the 83B election process for you. Whether you’re a founder establishing a new company or an employee facing restricted stock decisions, our expertise ensures you understand the 83B election deadline, form requirements, and the broader impacts on your financial well-being.
We handle the details of the IRS 83B election and offer personalized advice on vesting schedules for restricted stock, ensuring you make the best decision for your circumstances. With our guidance, you can confidently navigate these decisions, ensuring optimal financial outcomes from your equity holdings.
RSUs and Stock Option Reporting and Optimizing
Understanding the tax implications of stock options and RSUs (Restricted Stock Units) can be tricky, and many people don’t realize it’s important until they face financial decisions. Whether you work at a large public company like Microsoft or a small startup, it’s crucial to get a handle on how these benefits work.
At Philip Stein & Associates, we help you make sense of RSUs and stock options. We guide you on how to report them on your taxes and when might be the best time to sell your shares to avoid paying more tax than you should. This is especially important as your company grows, possibly even going public.
Our advice is personalized: we look at your specific situation and plan ahead, helping you understand the costs associated with your RSUs (like the RSU cost basis) and how to manage stock options efficiently. With our support, you can make informed decisions that protect your financial future without any surprises.
409A Compliance: Advisory Services
Section 409A compliance can often be a source of anxiety and uncertainty. Many employees of hi-tech companies find out after the fact and worry they might be in trouble for 409A issues. In contrast, others are presented with options from their employers and are unsure which to choose. The fear of making the wrong decision and having 409A penalties can be overwhelming.
At Philip Stein & Associates, we are here to alleviate these concerns and assist with Section 409A. We analyze the options available to you and help determine which makes the most sense for your situation. Our expertise ensures that you avoid the pitfalls of 409A compliance and navigate the complexities confidently.
By providing clear guidance and tailored advice, we help you make informed decisions that align with your financial goals and compliance requirements. With our support, you can rest easy knowing you have chosen the best path and are protected against potential 409A Penalties.