Georgia  |  Tax Law

Legal Question

Asked on: 11/15/13, 8:00 am

My CEO was given 2,160,000 shares of stock, in a company he founded,

for the total purchase of his company. No stock values were ever

filed with IRS. The stock was originally worth $2 per share. Is

there any way he can get a write-off for the enormous loss???

lewie white

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