"US Tax Reform" has a significant impact on the treatment of employee compensation and benefits, including executive compensation, fringe benefits, retirement plans and new rules for tax-exempt entities. The new law has consequences for both employers and employees. This session will provide an overview and analysis of the changes.
• Identify the tax consequences to employers and employees regarding new rules surrounding fringe benefits
• Interpret the impact of changes to the §162(m) $1 million deduction limit for public companies, including transition relief
• Analyze a new opportunity to defer taxation on stock options and restricted stock units
• Appraise the impact on tax-exempt organizations, including the 21% excise tax on highly compensated employees