The Value of a Patent

A patent is the legal right to specific intellectual property.  A patent is granted by a government to an inventor and excludes others from making, using, selling, or importing the invention for a limited time.  Patents are granted in exchange for public disclosure of...

Are Your Compensation Plans 409A Compliant?

Section 409A of the Internal Revenue Code (IRC§409A) refers to the treatment of compensation that is not taken in the current tax year, or deferred compensation. Guidance provided by the IRS through Final Regulations published in April 2007 in correspondence to the...