"Sen. Ron Wyden (OR) and the Democratic Committee Staff have released a summary report entitled 'How Tax Pros Make the Code Less Fair and Efficient: Several Tax Strategies and Solutions'.... [T]he report broadly endorses a number of proposals offered by other lawmakers ... including: [1] Further restricting the rules dealing with vesting of deferred income and the timing of income recognition; [2] Potential dollar limits/caps on deferred compensation; and [3] Closing perceived loopholes in the application of the Section 162(m) deduction limitation."  MORE >>