Author Archives: Joe Wallin
About Joe WallinJoe Wallin focuses on emerging, high growth, and startup companies. Joe frequently represents companies in angel and venture financings, mergers and acquisitions, and other significant business transactions. Joe also represents investors in U.S. businesses, and provides general counsel services for companies from startup to post-public.
Good news this morning. The Senate has passed the 1099 repeal bill already passed by the House. The bill is now on its way to the President. Below is the Congressional Research Service summary of the bill: 3/3/2011–Passed House amended. … Continue reading
I am frequently asked by entrepreneurs starting technology companies what type of entity they should form. And I usually advise startups to form as either a C corporation or an S corporation for the following reasons: If you plan to … Continue reading
In February 2011 United States Senator Mark Pryor (Democrat, Arkansas) introduced legislation that would give angel investors in qualifying small businesses a federal income tax credit equal to 25% of the amount invested. (SB 256, known as “The American Opportunity … Continue reading
If you are not familiar with the excise tax on parachute payments, Sections 280G and 4999 of the Internal Revenue Code impose a 20% excise tax on compensatory payments made in connection with a change in control transaction to certain … Continue reading