SPS/GZ Press Release
SPS/GZ Reports 100% Client Satisfaction on IRC Section 6039 Compliance Services
Chicago, IL, October 11, 2011 -- Stock Plan Solutions/Green Zapato LLC (SPS/GZ), a leader in stock administration and outsourcing, is pleased to announce 100% client satisfaction on IRC Section 6039 services from the 2010 tax year.
"We are very pleased with how our team managed the IRC 6039 process for the 2010 inaugural year. We are thrilled to be signing up so many returning clients," said Mary Pat Wood, an SPS/GZ co-founder and principal.
SPS/GZ to Present at the Chapter Meeting of the Chicago Chapter of the NASPP
Chicago, IL, October 20, 2010 -- Stock Plan Solutions/Green Zapato LLC (SPS/GZ), a leader in equity compensation administration and outsourcing today announced that Rick Zatz, CEP, will be presenting at the meeting of the Chicago Chapter of the NASPP in October 27, 2010.
The U.S. Treasury Department issued the final regulations relating to the return information statement requirements under IRC 6039. These regulations impose return and information statement reporting requirements on any corporation that transfers stock pursuant to the exercise of ISOs or the purchase of stock under an ESPP. The presentation titled "IRC 6039 - Ready or not, here it comes" will be discussing this new regulation.
"IRC 6039 reporting deadlines coincide with yearly or quarterly audits and reviews for most public companies. My presentation will address issues related to the regulation so we can help attendees plan ahead," said Rick Zatz, co-founder and principal at SPS/GZ.
"I'm really looking forward to representing SPS/GZ at the meeting of the Chicago Chapter of the NASPP. I am eager to meet the members and discuss in person the new IRC Section 6039 mandate from the government," added Mr. Zatz.
SPS/GZ to Attend Chapter Meeting of the Silicon Valley Chapter of the NASPP
Chicago, IL, October 17, 2010 -- Stock Plan Solutions/Green Zapato LLC (SPS/GZ), a leader in equity compensation administration and outsourcing is pleased to announce that a representative from the Company is attending the meeting of the Silicon Valley Chapter of the NASPP in October 21, 2010.
The theme for the meeting is "Ready or Not? Here it Comes: The Arrival of the New Section 6039", and will be at the Decathlon Club in Santa Clara, CA on October 21. Rick Zatz, a CEP and co-founder of SPS/GZ will be participating at the event.
"I'm excited to attend the Silicon Valley Chapter meeting. I believe this is an excellent way to discuss the new IRC Section 6039 regulation with chapter members. I am here to learn from my peers, and also share my knowledge on the subject", said Rick Zatz.
SPS/GZ to Host IRC Section 6039 Services Booth at NASPP Conference 2010 in Chicago
Chicago, IL, September 14, 2010 -- Stock Plan Solutions/Green Zapato LLC (SPS/GZ), a leader in stock administration and outsourcing, today announced that they will host a booth featuring Internal Revenue Code Section 6039 Compliance Services at the National Association of Stock Plan Professionals (NASPP) Annual Conference in Chicago on September 20-23, 2010.
The NASPP is the leading membership organization devoted to the needs of stock plan professionals. SPS/GZ has participated in many industry conferences and executive roundtable forums over the last several years, and will now be hosting a booth dedicated to IRC Section 6039 services. "The NASPP Conference is a conference you don't want to miss if you are responsible for stock plan administration in your company," says Rick Zatz, co-founder and principal at SPS/GZ.
SPS/GZ founders Rick Zatz and Mary Pat Wood will be available at booth #712 in the Exhibit Hall of Hyatt Regency Chicago for all four days. At the booth, attendees can obtain valuable information about the newly adopted IRC 6039 regulations, mingle with SPS/GZ founders and participate in drawings held once a day for American Express gift cards and discounts on SPS/GZ's IRC 6039 services.
SPS/GZ Provides IRC 6039 Compliance Services
Chicago, IL, September 1, 2010 -- Stock Plan Solutions/Green Zapato LLC (SPS/GZ), a leader in stock administration and outsourcing, today announced that it is now offering a complete solution for Internal Revenue Code (IRC) Section 6039 filings and mailings. This new offering responds to the Internal Revenue Service's recent issuance of final regulations under Section 6039. Under these regulations, beginning with transactions in 2010, public companies will be required to provide participants with Form 3921 for all Incentive Stock Option (ISO) exercises that result in shares being transferred to a brokerage account and Form 3922 upon first transfer of legal title of shares acquired pursuant to an Employee Stock Purchase Plan (ESPP). Companies will also be required to file these forms with the IRS.
The filing deadlines are imposed, beginning in January 2011, for transactions from the previous calendar year. Statements must be furnished to participants by January 31st. Forms must be filed with the IRS by February 28th for manual (paper) filers and by March 31st for electronic filers.
