Startup Mistake 4 of 13: Failing to Make a Timely 83(b) Election

Missing the deadline to file an 83(b) election is a common startup mistake that can create significant tax consequences later. This issue often comes up when founders receive stock that vests over time and overlook the filing deadline during formation.

In the video below, Matt Storms explains when 83(b) elections matter, why the filing window is so important, and how founders can avoid problems before a financing or other major company event.