Employers now have an extra year, until Dec. 31, 2008, to bring
documentation of nonqualified deferred compensation into compliance with
final regulations under IRC § 409A, issued in April. Although IRS Notice
2007-78 also provided other transitional relief, it did not postpone the
regulations’ Jan. 1, 2008, effective date.
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SPONSORED REPORT
Solving the lease accounting challenge
The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.
FEATURE
Tackling TCJA changes this tax season
Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.
From The Tax Adviser
From CPA Insider