An interesting question continues to be whether encrypted personal data is still “personal data” for purposes of the European Union’s General Data Protection Regulation (GDPR), thereby making the processing of such data subject to the GDPR’s extensive compliance obligations. The answer largely hinges on the precise meaning and implications of encryption. Simply asserting that encrypted data is “anonymized” is insufficient and inaccurate for concluding…
Read MoreStart-up and other fast-growing companies wishing to compensate key employees with equity typically issue either restricted stock or stock options. These compensation tools are available to corporations (including S corporations), while variations of both types of equity are available to limited liability companies (LLCs), although with important limitations. The following discussion of restricted stock and stock options applies to corporations only, with a separate discussion for LLCs later on.
Read MoreIf you have concerns about protecting your personal data during tax filing season, or just generally want to take an simple yet effective step to enhance your financial health, try this: The IRS has been offering an identity theft protection program for several years, called Identity Protection PIN (or “IP PIN”). The IRS originally offered IP PIN only to confirmed identity theft victims, but has since made the program available to all taxpayers, making it one of the most straightforward ways to keep your tax information safe.
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