Like any for-profit company, nonprofit organizations want to attract and retain high caliber executives to achieve and further their missions. To accomplish this, a nonprofit organization may have to offer a particularly...more
4/9/2025
/ 501(c)(3) ,
Compensation & Benefits ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Internal Revenue Code (IRC) ,
IRS ,
Nonprofits ,
Reasonableness Factors ,
Sanctions ,
Tax Exemptions ,
Tax Liability
Earlier this month, the Internal Revenue Service (“IRS”) released Form 15620, which is an approved IRS form for making Internal Revenue Code (“Code”) Section 83(b) elections. By way of background, Code Section 83(b) provides...more
Background -
The “golden parachute” excise tax regime under Internal Revenue Code Sections 280G and 4999 (“Section 280G” and “Section 4999”, respectively) is at the core of both public and private U.S.-based transactions....more