Wealth Management

Bridging Section409A And Gift Tax Valuations

Clients may be inclined to use a Section 409A valuation for gift tax purposes. After all, both valuations aim to determine ...
JD Supra

Internal Revenue Code Section 162(m): Proposed Regulations

On January 14, 2025, the Internal Revenue Service and the US Treasury Department issued proposed regulations under Section 162(m) of the Internal Revenue Code (Code) to implement changes under the ...
JD Supra

Proposed regulations explain the expansion of “covered employees” under Code Section 162(m)

On January 14, 2025, the Department of the Treasury and the Internal Revenue Service issued proposed regulations (Proposed Regulations) relating to the expansion of the definition of “covered ...
SmartAsset on MSN

What does it mean to be "tax exempt?"

Taxes are an unavoidable part of life for most people. You could, however, get out of paying income tax if you're deemed ...
JD Supra

IRS Proposes Regulations on Expanded Definition of Covered Employee Under Code Section 162m

Section 162(m) of the Internal Revenue Code prohibits a publicly held corporation from taking compensation-related tax deductions with respect to the compensation of a “covered employee” to the extent ...