End of the Year Deadline for Correction of Certain Section 409A Failures and Relief from Penalties is Fast Approaching


As discussed in a previous Morrison & Foerster alert, the Internal Revenue Service issued Notice 2010-6 on January 5, 2010. Notice 2010-6 offers opportunities for companies to correct documentary problems with nonqualified deferred compensation arrangements and permits their employees to avoid certain adverse tax consequences that would otherwise apply under Internal Revenue Code Section 409A.

Please see full Alert below for more information.

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