About this Course
Topics covered include:
Section 409A's penalty provisions affecting deferred compensation;
Section 162(m) and section 280G;
SEC rules applying to executive compensation, including pay ratio, say on pay, and pay for performance;
Tax consequences of compensation based life insurance policies and annuities;
Tax consequences of various perquisites.
Upon completing this course, you should be able to:
Identify situations where IRC rules may limit or disallow deduction of executive compensation payments;
Describe situations in which penalty taxes may apply to payments received by executives;
Differentiate pay ratio and pay for performance rules;
Recognize key elements of annual executive compensation;
Differentiate compensation with respect to executive compensation;
Recognize examples of appreciation only award;
Identify correct statements with respect to private companies;
Identify characteristics of the constructive receipt docrtine;
Describe Section 409A;
Recognize exempt types of compensation requirements under Section 409A;
Identify characteristics of fabricating with respect to the concept of backdating;
Identify referenced tax provisions ties the employer deduction to the timing of the employee's income inclusion;
Differentiate Congressional acts and how they apply;
Recognize correct statements regarding interests in partnerships and LLCs;
Identify fringe benefits and how they apply to client scenarios;
Identify equity-based award gives the right to purchase stock on a specified date;
Recognize what percent of large CEO pay is represented by stock awards, according to HBR;
Identify one of the two exceptions which may accelerate compensation in the case of deferred compensation;
Differentiate Code Sections in relation to deferred compensation;
Recognize the requirements of backdating.