At Isaacson & Wilson, much of our attention is given to Derivium loans, stock option fraud, and individual and corporate tax shelters.

Mr. Isaacson has advised and represented numerous accountants and private clients in the preparation of tax returns, offers in compromise, IRS Administrative Appeals, and tax litigation. He would be pleased to provide you with professional references at your request.

A large portion of our business involves assisting individuals with IRS-related tax problems due to "phantom earnings" incurred during the dot-com bubble. The high-technology industry has long compensated its employees with stock options. Unfortunately, many individuals have incurred an enormous tax liability because they exercised their stock options. Given the recent market, these people ended up completely out of luck. Not only did they end up with stock not worth much, they are also responsible for the taxes on the exercise of their stock options. Under current law, stock options are normally included in the income of the employee and deductible by the employer. Income is included and deducted when options are granted if they can be valued, or when they are exercised if it is difficult to value the option. The income is the difference between the option price and the market value.

We help individuals understand the full scope of their rights under the law as it relates to stock option related taxation. We have developed extensive legal arguments that pertain to those individuals who were granted either incentive stock options (ISOs) as well as non-qualified stock options.

For individuals and businesses, we advise on the tax consequences of structuring transactions.