Nicholas Pension Consultants
Nova 401(k) Associates
Compensation Strategies Group, Ltd.
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|Treasury Issues Final Regs on Section 162(m) Executive Compensation Deduction Limits|
Groom Law Group
Jan. 28, 2021
"A proactive approach to compliance will ease the transition to the new post-Act Code Section 162(m) framework and help preserve the relief offered by the grandfather rule....  Determine whether your organization is considered a publicly held corporation and thus subject to Code Section 162(m).  Review your organizational structure and identify all other publicly held corporations in your affiliated group, including predecessor corporations.  Establish internal procedures for tracking covered employees.  Identify the extent to which these employees' benefits are grandfathered under the Final Regulations."
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