Deferred Salary Arrangements Can Cause Unintended Tax Results

Unintended Tax Consequences

by Blake Christian, CPA/MBT
How salary containment options can trigger them.

http://www.cpa2biz.com/Content/media/PRODUCER_CONTENT/Newsletters/Articles_2009/CorpTax/Unintended.jsp

 

Businesses are routinely implementing a variety of methods to contain compensation costs.   These techniques include freezing or deferring raises and bonuses, and reducing hours and benefits.

It is critically important to understand how IRC Section 409A may impact both the business and the employee in many innocuous situations.

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