IRS Releases Notice 2010-6, Offering Opportunities to Avoid or Reduce Adverse Tax Consequences with the Correction of Inadvertent Documentary Violations of Section 409A

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On January 5, 2010, the Internal Revenue Service issued Notice 2010-6, offering opportunities for companies to correct non-compliant deferred compensation documents and avoid certain penalties that would otherwise apply under Internal Revenue Code Section 409A.

Please see full update below for more information.

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