Section 162(m) of the Internal Revenue Code of 1986 (as amended, the “Code”) imposes a $1 million deductibility limit on compensation paid by “publicly held corporations” to “covered employees.” As reported in our previous...more
1/11/2021
/ Compensation & Benefits ,
Corporate Taxes ,
Covered Employees ,
Executive Compensation ,
Final Rules ,
Grandfathering Rules ,
IRS ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Remuneration ,
Section 162(m) ,
Tax Cuts and Jobs Act ,
Tax Deductions
The Setting Every Community Up for Retirement Enhancement Act of 2019 (Secure Act) was passed by the House and Senate on December 17 and 19, respectively, as part of a budget bill known as the Further Consolidated...more
1/6/2020
/ 401k ,
529 Plans ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Form 5500 ,
Individual Retirement Account (IRA) ,
Multiemployer Plan ,
New Legislation ,
Qualified Retirement Plans ,
Required Minimum Distributions ,
Retirement ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
Tax Credits ,
Tax Cuts and Jobs Act
On December 15, 2017, the House and Senate conference committee agreed on the terms of the final tax reform bill, previously referred to as the “Tax Cuts and Jobs Act” (the “Act”), which was subsequently approved by both...more
1/9/2018
/ Affordable Care Act ,
Bicycles ,
Business Expenses ,
Business Taxes ,
Commuting ,
Compensation ,
Corporate Taxes ,
Employee Relocations ,
Equity Grants ,
Fringe Benefits ,
Incentive Awards ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Inflation Adjustments ,
Internal Revenue Code (IRC) ,
IRS ,
New Legislation ,
Reimbursements ,
Retirement Plan ,
Roth Conversions ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Reform ,
Transportation Expenses ,
Trump Administration