CRLLS
Thinks s/he gets paid by the post
Mdlerth, I had to check on your statement. You may both be right. If the stock given I unrestricted, it is taxed as you mention. If it is restricted stock award, then it is must be taxed no later than when the restrictions are satisfied at the value of stock at that time. The receiver has the option to file when received and taxed at that time, allowing gains (if any) to be taxed at capital gains rate. Any way you look at it, there is tax to be paid. A "Qualified small business" has different rules. I don't think that EM's companies meet those definitions.
https://www.sba.gov/blogs/rewarding-employees-company-stock
https://www.sba.gov/blogs/rewarding-employees-company-stock