Two Articles Clarified


In the More Than Golden Handcuffs article (JofA, Nov.97), Exhibit 2, Qualified Deferred Compensation Plan as a Percentage of Final Compensation, listed the percentage of bonus does qualify as 59%. The correct percentage should be 50%.

The Millennium Muddle (JofA, Dec.97) sidebar AICPA Has Help at Hand for the Y2K Issue listed the AICPAs Y2K Web site address as http://www.aicpa.org/members/y2000. The correct address is http://www.aicpa.org/members/y2000/index.htm .



 

©1998 AICPA

SPONSORED QUIZ

How well do you know small business?

There are over 30 million small businesses in the U.S., and many of them are optimistic in their outlook. Are you familiar with the obstacles and opportunities they are facing? Test your small business acumen with this quiz sponsored by Chase Ink®.

SPONSORED REPORT

Tax reform complicates year-end tax planning

Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income, the higher standard deduction, and the cap on the deductibility of state and local taxes.