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Clarifications proposed to million dollar compensation deduction limit

  • McGuireWoods LLP
  • -
  • USA
  • -
  • July 6 2011

The IRS has proposed new regulations clarifying two aspects of the Code Section 162(m) performance-based compensation exemption from the $1 million deduction limit for compensation payable to certain executives of public companies

Reminder: Section 409A “release-timing” issues must be addressed by Dec. 31

  • McGuireWoods LLP
  • -
  • USA
  • -
  • November 29 2012

As the end of 2012 approaches, various compensation-related issues may need to be addressed and corrective action taken before Dec. 31

Senate Finance Committee staff report suggests changes in tax treatment of employee benefits

  • McGuireWoods LLP
  • -
  • USA
  • -
  • May 30 2013

On May 23, the staff of the Senate Finance Committee issued the seventh in a series of reports outlining alternatives for the members of the