JD Supra2d
Proposed regulations explain the expansion of “covered employees” under Code Section 162(m)
On January 14, 2025, the Department of the Treasury and the Internal Revenue Service issued proposed regulations (Proposed Regulations) relating ...
JD Supra13d
IRS Issues Proposed Regulations on the Expanded Definition of "Covered Employee" Under Code Section 162(m)
On January 16, the Internal Revenue Service (IRS) published proposed regulations ( 90 FR 4691) under Section 162(m) of the ...
JD Supra17d
IRS Issues Proposed Regulations Implementing Changes to Code Section 162(m)
On January 14, 2025, the Internal Revenue Service (“IRS”) and the Department of Treasury issued proposed regulations under Internal Revenue Code (“Code”) section 162(m), which limits the ...
JD Supra6d
IRS Proposes New Rules to Implement the Expanded $1 Million Limit on Deductible Pay for Publicly Held Corporations
New proposed regulations under Section 162(m) of the Internal Revenue Code would further limit deductibility of executive compensation paid by ...
Federal Register28d
Certain Employee Remuneration in Excess of $1,000,000 Under Internal Revenue Code Section 162(m)
This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.
JD Supra7d
IRS Roundup January 13 – 17, 2025
Check out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 13, 2025 – January ...
JD Supra24d
IRS Announces Proposed 162(m) Regulations Defining the Scope of Expanded Covered Employees
On January 16, 2025, the IRS and the Department of the Treasury published proposed regulations relating to Section 162(m) of the Internal Revenue Code. 1 The proposed regulations provide guidance ...
JD Supra2d
IRS Provides Tax Guidance Related to State-Run Paid Family and Medical Leave Programs
On January 16, 2025, the Internal Revenue Service (“IRS”) issued Revenue Ruling 2025-4 (the “Rev. Rul.”). The Rev. Rul. provides guidance on ...
Investopedia8d
Surprising Ways to Avoid Capital Gains Taxes on Investment Properties
If an investor uses IRS Code Section 1031 to recognize ... To record the Section 1031 exchange with the Internal Revenue Service, it is important to file Form 8824 with the tax return for the ...
JD Supra29d
IRS Issues Much Anticipated Guidance on Catch-Up Contributions
Mandatory Roth Catch-Up. Section 603 of SECURE 2.0 added a mandatory Roth catch-up contribution requirement in Internal Revenue Code (“Code”) Section 414(v)(7) for higher income retirement ...