Blog Detail
409A Dismay
http://409Adismay.blogspot.com
409A: Critical discussion of questionable U.S. tax policy.
- Added on: Jan 26th, 2008
- Country: United States
- Language: English
- Author: 409Adismay
- Listed in: Business Finance
- Tags: tax tax law executive compensation 409a deferred compensation section 409a
Recent Posts
Going Concern Blog Nominates 409A as Worst Tax of Decade
"The Enron scandal featured elaborate deferred compensation plans to provide executives a gilded liferaft when the ship sinks. Congress responds with a code section affecting schoolteachers. They showed Ken Lay what for by designing a tax on folks on...
Another Good Article Re: 409A Valuation Methods
Article From Kenneth J. Pantoga Here...
IRS Releases Guidance on Intersection of 409A and TARP
"Notice 2009-92 provides that, subject to certain conditions, a financial institution that has received financial assistance under the Troubled Asset Relief Program (TARP) that complies with an advisory opinion of the Special Master determining that ...
409A Correction Period Ending Soon - Last Chance
"We are just weeks away from the last chance for companies to rely on the transitional relief provided under IRS Notice 2008-113. I hope that your company has already taken action to complete a thorough review of compensation arrangements to identify...
Advice on 409A Valuations for Start Up Companies
"With the advent of IRS Section 409A and the introduction of certain fair value accounting rules, valuation issues have become increasingly important for start-up companies. In the past, industry specific start-up “rules of thumb” may have been s...
Student Law Article Re: 409A Correction Program
"This article reviews the current Code §409A(a) correction program and analyzes several issues related to creating the program, including whether the Treasury Department and the Service have legal authority to create it. The first section of this ar...
What a lot of employers are doing is what mine did; creating false allegations to try and justify a "for cause" separation that gets them out of paying the 409A money. I am on COBRA and I am receiving unemployment, which sort of blows the "for cause" out of the water, but my former employer still insists it does not have to pay me the income I earned that they set aside in a 409A plan because they terminated me for cause. Relief will likely only come with the filing of a lawsuit to prove the "for cause" was a joke.
Posted: April 30th, 2009 | Report This Comment