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Tech StartupsLoudoun Tech Startups is the local group for the emerging and growing Loudoun Tech group to calm down, community and study collectively. 5. Not every eighty three(b) election will wind up benefitting the service provider. Generally an worker in a mature startup is granted restricted inventory at a steeply discounted worth and that worker, by filing an 83(b) election, elects to pay a direct tax on the spread between the market value of the inventory and the discounted price paid. Throughout the bubble period, such grants were typically made anticipating that the recipient would profit after an organization went public. In such a case, the recipient may wind up paying a considerable tax in connection with making the eighty three(b) election – a tax paid, in essence, for the privilege of holding a bit of paper. If the corporate then fails, the 83(b) election in such a case can result … Read more