The Advisors' Blog

This Latham memo reminds us that companies need to furnish – by this upcoming Monday, January 31st – annual information statements to people who exercised ISOs or purchased ESPP shares during 2021. Companies also need to file an information return with the IRS in February or March, as applicable.

The memo explains what must be included in the returns and information statements, how to deliver the information statements to employees & former employees, exceptions to filings, possible penalties for noncompliance and more – and also provides links to the IRS forms.

– Emily Sacks-Wilner