Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
AimPoint Pension
|
Bates & Company, Inc.
|
Regional Vice President of Sales The Retirement Plan Company
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
IRS Limits Ability to Deduct Annual Bonus Payments in Year of Accrual, Rather Than Year Paid
Porter Wright Morris & Arthur LLP Nov. 26, 2013 "[A]ll employers who sponsor annual bonus plans need to understand the latest changes from the IRS to determine which year is the appropriate year to deduct the amount of their bonus payments. Beyond the timing of the deduction ... [the] impact on deferred tax assets, reporting for uncertain tax positions, and the potential need to apply for an accounting method change with the IRS all need to be examined by employers sponsoring annual bonus plans." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |