IRS Ruling Provides Insights on Compensation Options for ...

The 2022 Ruling considers whether a management contract for the management of a government-owned hotel gives rise to private use when it does not meet all the ...

Sponsor may let employees flex their benefits under new IRS ruling

Under the ruling, the employer has traditionally offered its 401(k) plan participants both a safe-harbor and discretionary nonelective ...

IRS Ruling Offers Taxpayers New Flexibility in Benefit Allocations

In the Letter Ruling, the IRS stated that the proposed retirement plan amendment allowing participant selections of benefits made under an ...

IRS Ruling Allows Employees to Choose Between Health ...

The IRS ruled that the proposed arrangement would not impact the tax exclusions for the benefits – i.e., the choice between these benefits would ...

IRS Gives Green Light for Employee Choice Between Different Pre ...

The Internal Revenue Service (IRS) Private Letter Ruling 202434006 (PLR) approves a program allowing employees to allocate an employer ...

Equity (Stock) - Based Compensation Audit Technique Guide - IRS

The tables for Outstanding Equity at. Year End and Option Exercises and Stock Vested may provide insight on where the discrepancies arise ...

Sponsor May Let Employees Flex Benefits Under New IRS Ruling

That said, because PLRs provide insight into how IRS would analyze similar plan designs, some employers may decide to proceed without obtaining their own ruling ...

S Corporation compensation and medical insurance issues - IRS

The IRS has the authority to reclassify payments made to shareholders from non-wage distributions (which are not subject to employment taxes) to ...

Stock-based compensation: Tax forms and implications

83(i)). The corporation must have a written plan providing stock options or RSUs (not a combination of the two) to at least 80% of U.S. ...

Revenue Ruling 2022-24 - IRS

For purposes of determining covered compensation for the 2023 year, the taxable wage base is $160,200. The following tables provide covered compensation for ...

Understanding the Tax Consequences of Compensation

Ordinarily, the IRS will not challenge the amount of the compensation as unreasonable unless the employee has some control over the employer (e.g., is a large ...

2024 IRS Guidance on Employee Benefits (Employer Contributions)

If you were one of those taxpayers who paid for this ruling — asked the IRS questions and paid for the IRS to answer it — then you are able to ...

IRS approves employee choice program - WTW

The IRS approval of a new flexible choice design in benefit programs has some key implications for employers.

Tax Implications for Stock-Based Compensation - Bloomberg Tax

Stock options and similar plans require close consideration and a comprehensive understanding of how taxes factor into the equation, weighing ...

Internal Revenue Bulletin: 2024-2 - IRS

This Notice provides automatic relief to eligible taxpayers from the additions to tax for the failure to pay with respect to certain income tax ...

IRS Provides New Relief for Mid-Year Reductions to Safe-Harbor ...

Finally, the IRS clarified that employers may reduce contributions for highly compensated employees (HCEs) in a safe harbor plan without operating at an ...

Performance-Based Compensation Under IRS Scrutiny | Insights

Accordingly, many companies have structured the compensation packages for covered executives to comply with this Performance-Based Exemption.

IRS enters next stage of Employee Retention Credit work; review ...

“This is one of the most complex credits the IRS has administered, and we continue to ask taxpayers for patience as we unravel this complex ...

General equity compensation valuation rules for private entities

The regulations provide that so long as a good faith valuation method is used, the IRS will generally presume that the value used for taxing the ...

IRS Issues Surprise 162(m) Ruling | Publications - Faegre Drinker

"Performance-based compensation" is exempt from the $1 million deduction limit of Section 162(m) of the Internal Revenue Code—simple enough.