The Role of Compensation Committees in Mitigating Potential Risks of Subject Performance Goals

Fulcrum Partners Executive Benefits News

The Deferred Compensation News is pleased to publish the following post, written by Michael S. Melbinger, Winston Strawn LLP, previously published by the Executive Compensation Blog. Subjective Performance Goals After Elimination of the Performance-Based Compensation Exception The performance-based compensation exception to Code Sec. 162(m)’s $1 million cap on deductible compensation was eliminated by the Tax Cuts and Jobs Act of …

Guidance on Tax Code Section 162(m) Issued by IRS

Fulcrum Partners Executive Benefits News

The IRS has issued guidance on Section 162(m) of the Federal Tax Code as amended by P.L. 115-97, the law generally known as the, “Tax Cuts and Jobs Act.” You can read the notice, which was published August 21, 2018, in entirety, here: Notice 2018-68. The information released this week primarily focuses on the amended rules for identifying covered employees …

The New Tax Law: Why it might make deferred comp programs even more attractive

Fulcrum Partners Executive Benefits News

The following article, written by Jeff Roberts, Manager, ADP Executive Deferred Compensation, was published by PlanAdviser and reprinted here with permission from the author. FOR A WHILE LAST YEAR, the tax bill moving through Congress included changes that would have made it hard to continue offering nonqualified deferred compensation (NQDC) plans to highly paid executives. By the time the Tax …

Financial, Tax and Benefits Strategies: Why the Team-Driven Approach Is the Best Hedge Against Tax Reform Uncertainties

Fulcrum Partners Fulcrum Partners NEWS

You and your employees or coworkers are not the only ones concerned about federal tax code revisions. Since last December’s passage of the Tax Cuts and Jobs Act, uncertainties seem to be front and center in nearly every taxpayer’s thoughts. An April 18, 2018, CNBC.com article cited a recent Gallup poll on tax reform and concluded simply: “The majority of …

Fulcrum Partners and BDO Report on IRC Section 162(m) Impact on Executive Compensation

Fulcrum Partners Executive Benefits News, Fulcrum Partners Media Release

Click to view full report: Rethinking Executive Compensation While Awaiting Section 162(m) Guidance. FOR IMMEDIATE RELEASE PONTE VEDRA BEACH, FL — (March 14, 2018) As individuals and organizations across the U.S. assess the impact of the federal government Tax Cuts and Jobs Act that went into effect on January 1, 2018, some are reaping the benefit of tax reductions, while other …

Tax Reform and the Challenge for Nonprofit Hospitals and Other Organizations

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

When it comes to tax reform, there’s always more than one side to the story. Dozens of American corporations are making headlines, sharing the wealth created when the Tax Cuts and Jobs Act left them with unexpected windfalls. Some organizations are distributing one-time bonuses to their employees, and other companies are using the tax reduction as an opportunity to increase …

What do these IRC Section 162(m) Changes Mean for Executive Compensation?

IRC Section 162(m) Will Change with Proposed Tax Law Revisions, Impacting Aspects of Executive Compensation

Fulcrum Partners Executive Benefits News, Fulcrum Partners LLC White Paper

Fulcrum Partners shares insights on the proposed tax reform, specifically related to IRC Section 162(m), with our clients and colleagues. PDF DOWNLOAD: FULCRUM PARTNERS IRC Section 162(m) Internal Revenue Code Section 162(m) [IRC  §162(m)] addresses federal tax code regulations “relating to the deduction limitation for certain employee remuneration in excess of $1,000,000 under the Internal Revenue Code. These regulations affect publicly …

Tax Reform Still Putting Your Retirement at Risk by Changing Deferred Compensation

Tax Reform is Still Putting Your Retirement at Risk

Fulcrum Partners Executive Benefits News, Fulcrum Partners Media Release

Fulcrum Partners LLC is sharing this important message about tax reform and how it could negatively affect your retirement. FOR IMMEDIATE RELEASE Tax Reform Still Putting Your Retirement at Risk by Changing Deferred Compensation PONTE VEDRA BEACH, FL — (November 13, 2017) Fulcrum Partners LLC, one of the nation’s leading executive benefits consultancies, is urging working Americans to become aware …