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Seventh Circuit Denies Deferred Compensation Deduction in Taxable Asset Sale
Williams Mullen 
Aug. 23, 2023 "The Seventh Circuit's conclusion differs from what has come to represent the common analysis and interpretation of these timing rules in practice. Given this opinion, it will be important for employers to take a fresh look at the effect of transactions on deferred compensation deductions." [Hoops, LP and Heisley Member, Inc., Tax Matters Partner vs. Comm'r, No. 22-2012 (7th Cir. Aug. 9, 2023)] MORE >> |
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