On January 19, 2021 the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) published in the Federal Register Final Regulations (the “Final Regulations”) interpreting the excise tax under Section...more
2/3/2021
/ Compensation & Benefits ,
Deferred Compensation ,
Excise Tax ,
Executive Compensation ,
Final Rules ,
Interim Guidance ,
IRS ,
Remuneration ,
Tax Exempt Entities ,
Tax Exemptions ,
Tax Planning
Proposed Regulations under Section 4960 of the Internal Revenue Code provide important guidance for tax-exempt organizations and their affiliates regarding an excise tax on certain executive compensation. The U.S. Department...more
7/29/2020
/ Compensation & Benefits ,
Covered Employees ,
Excise Tax ,
Executive Compensation ,
Grandfathering Rules ,
Independent Contractors ,
Internal Revenue Code (IRC) ,
IRS ,
Proposed Regulation ,
Remuneration ,
Tax Exempt Entities ,
Tax Exemptions ,
Tax Reform
On March 27, 2020, the President signed into law the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) (H.R. 748).
In this blog post we (1) lay out an initial action plan for employers considering...more