Executive Compensation and Employee Benefits

Compensation Tax Advisory Services

Executive Compensation is one of the clearest ways to communicate a company’s priorities and values. We provide thoughtful, timely and fully independent executive compensation advice to help companies attract, retain and motivate top leadership.

Designing the right benefit plan for your employees is a complex task. There are many issues to consider, including tax and legal aspects, funding, and finding the right vendors or administrators.

We offer services covering all areas of executive compensation in both for-profit and not-for-profit entities. Our experienced professionals develop executive-level talent plans, leadership succession programs, and annual and long-term incentive strategies. We work with all relevant parties up to and including compensation committees and boards of directors. As a strategic advisor, we provide the resources, experience, and support to help our clients make informed decisions about executive compensation matters.

We presently offer the following compensation tax advisory services:

IRS Forms W-2 and 1099 Issues, and Other Payroll Reporting
Golden Parachute Payments Under IRC Section 280G
IRS Section 409A Issues Affecting Non Tax-Qualified Deferred Compensation Plans and Assistance With the Correction of Certain IRC Section 409A Failures
Wage Withholding Issues Affecting Employer Stock Plans
Preparation and Filing With the IRS of Voluntary Classification Settlement Program Filings For Misclassified Independent Contractor

Expertise

The rules facing companies with respect to ERISA, employee benefits, and executive compensation are complex and important.

We assist our clients in finding practical and cost-efficient solutions to their most important benefits challenges, including qualified plans, health and welfare benefits, 409A, actuarial issues, agency relations (PBGC, IRS, and DOL), and ERISA litigation.

Our executive compensation experts will guide you every step of the way, so you can easily take advantage of every IRS-sanctioned option to accomplish your business goals.

Employee Benefit Plan Tax Services

Designing the right benefit plan for your employees is a complex task. There are many issues to consider, including tax and legal aspects, funding, and finding the right vendors or administrators. We presently offer the following employee benefit tax advisory services:

Design and Implementation of:

Tax-Qualified Profit Sharing, 401(k), and 403(b) Plans
Tax-Qualified Defined Benefit Plans, Including Cash Balance Plans
Non Tax-Qualified Deferred Compensation Plans for Select Group of Management Employees and/or Directors
Welfare Benefit Plans (Health, Disability, Life Insurance, Dependent Care)

Day-to-Day Plan Administration Matters, Including Reporting and Disclosure Requirements under ERISA and the IRC

Requirements of the Affordable Care Act for Group Health Plans

Correction of Plan Tax Qualification and Operational Failures, Including the Preparation and Filing of the following Government Forms Seeking Approval of Proposed Correction of Such Failures by Appropriate Government Agency:

Voluntary Correction Program (“VCP”) Filings With the IRS
Voluntary Fiduciary Correction Program (“VFCP”) Filings With the DOL
Delinquent Filer Voluntary Compliance Program (“DFVCP”) Filings With the DOL (Reporting Late Filings of Forms 5500)

Procedures Necessary to Terminate Various Employee Benefit Plans

Preparation of Forms 5500 and Summary Annual Reports for Tax-Qualified Pension Benefit Plans and Large (100 or More Participants) Employee Welfare Benefit Plans

Compensation and Employee Benefits

Compensation Tax Advisory Services

Expertise

Employee Benefit Plan Tax Services

Contact Us

Eric Cohen, CPA

Doug Trueheart