Compensation: Deduction Limits on Certain Employers

by Mary Howley, Esq . * Deduction limits apply with respect to compensation in excess of $1,000,000 per year for covered employees of any publicly held corporation. A limit also applies for remuneration in excess of $500,000 paid by certain health insurance providers. Financial institutions that participated...

Compensation: Deduction Limits on Certain Employers

by Mary Howley, Esq . * Deduction limits apply with respect to compensation in excess of $1,000,000 per year for covered employees of any publicly held corporation. A limit also applies for remuneration in excess of $500,000 paid by certain health insurance providers. Financial institutions that participated...