Posts made in October, 2015


Speaker of the House John Boehner’s last week on the job is looking like it will be an exciting one indeed.  Late yesterday, the White House and Congressional leadership from both parties announced a tentative deal to address both the budget and the debt limit until after the 2016 Presidential elections.  The discussion draft was posted on the House’s website just before midnight last night and members of both chambers will be...

Read More

Most tax practitioners are aware of the general provisions of Sec. 409A as they are applied to nonqualified deferred compensation arrangements (NQDC plans). 1 With the downturn in the economy and increasing rates of bankruptcy and insolvency, both employers and employees have given second thought to the wisdom and future viability of existing NQDC plans. This article reminds readers of Sec. 409 A ’s general parameters and provides...

Read More