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IRS Audit — stock option exercise timing

Started by desperate_worker_NC · Sep 10, 2024 · 2,279 views · 13 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
DW
desperate_worker_NC OP

I'm dealing with a situation and need some guidance.

stock option exercise timing. I've been dealing with this for about 12 months now and the situation isn't improving.

I have already tried to resolve this directly but did not get a clear answer.

Should I hire a lawyer for this or try to handle it myself?

TL
Mod_TermsLaw Moderator

I've handled similar cases. Here's my take on the legal issues.

There are several legal theories that could apply here. The strongest is probably the relevant statute, which requires showing actionable.

I'd recommend documenting everything in writing from this point forward. Keep copies of all communications.

DS
DevOps_Seattle

Not a lawyer, but I have direct experience with this.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

FT
first_time_creator_CO

NAL, but from what I've read, you should document everything. That said, definitely get a lawyer to look at the specifics.

LT
LandlordTom_TX

I went through almost the exact same thing.

In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

DT
desperate_trader_2023

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

TA
TenantRights_Advocate

I've seen this play out several times in my field.

What worked for me was hiring an attorney to send the initial letter. It took 2-4 months but was worth it.

WR
worried_renter_2023

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

LT
LandlordTom_TX

I've dealt with this before.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

HC
HRManager_Chicago

I've seen this play out several times in my field.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

IG
InsuranceGuy_FL

I've dealt with this before.

In my case, it took about 4-8 months to resolve. The key was filing with the appropriate government agency.

HM
help_me_seller_2025

NAL, but from what I've read, you should check your state's specific laws. That said, definitely get a lawyer to look at the specifics.

JC
just_curious_creator_OH

Following this thread — I'm in a very similar situation. Would love to hear how it turns out.

CA
ConsumerAdvocate

I've dealt with this before.

I ended up escalating to a supervisor/manager, which cost about $1-3 but saved me a lot more in the long run.

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