When the IRS published proposed regulations harmonizing key provisions of Code Sections 409A and 457(f) in 2016, executive compensation lawyers and consultants rejoiced. It was not just that a long wait was over (roughly nine...more
5/21/2024
/ Deferred Compensation ,
Employer Liability Issues ,
Exceptions ,
Executive Compensation ,
Exemptions ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
Internal Revenue Code (IRC) ,
IRS ,
Non-Compete Agreements ,
Proposed Regulation ,
Section 409A ,
Section 457(f)
Readers who regularly work with deferred compensation plans will know that Section 409A of the Internal Revenue Code (“Section 409A”) prescribes six events or times at which deferred compensation may be distributed to...more
With the publication of Revenue Ruling 2020-23, the IRS completed a cycle of helpful guidance regarding the termination of 403(b) plans that began with the publication of regulations under Code Section 403(b) in 2007. Revenue...more
Proposed Regulations published by the Treasury Department last month provide helpful clarifications regarding the application of the excise tax under Section 4960 of the Internal Revenue Code of 1986, as amended (the “Code”)....more
IRS Notice 2019-09 provides guidance intended to help “applicable tax-exempt employers” determine whether compensation paid to their most highly compensated employees will be subject to the 21 percent excise tax imposed under...more
3/28/2019
/ Controlled Groups ,
Covered Employees ,
Employee Benefits ,
Excise Tax ,
Executive Compensation ,
Golden Parachutes ,
Highly Compensated Employees ,
Interim Guidance ,
Internal Revenue Code (IRC) ,
IRS ,
New Rules ,
Severance Pay ,
Tax Cuts and Jobs Act ,
Tax Exempt Entities ,
Wage and Hour