Some questions about the new excise tax on nonprofit executive compensation — like how to treat employees from a company’s “predecessor” — might not make it into initial guidance. The predecessor question might not be a “first-round issue” given...
Business Organization and Corporate Law Articles
Senior PCAOB and SEC Staff Address Recent Agency Updates
The American Law Institute CLE (ALI CLE) has announced Accountants’ Liability 2018: The Profession in an Uncertain World will be held on October 18-19, 2018, in Washington, D.C. This annual conference...
6 Months In, Stock Option Deferral Rule Not Catching On
A provision in the new tax law allowing for tax deferral on some stock options may have been appealing in theory, but six months later, it’s a non-starter for most companies. IRS guidance could make the provision more attractive, but some of the...
Experts at ALI CLE Program Forecast the Future of Code Sec. 162(m) Planning
The Tax Cuts and Jobs Act (TCJA) added major limitations on the deductibility of compensation paid to top executives of companies with publicly-traded securities. The $1 million limit in Code Sec. 162(m) on the deduction of compensation paid...