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Grant Thornton Tax Guide Offers Exec Comp Strategies

November 2, 2009 (PLANSPONSOR.com) - Grant Thornton LLP's recently released year-end tax guide for 2009 has a section on executive compensation "to help individuals and business owners make sure they do not pay any more than they have to on their 2009 tax bills."

The section provides a tax strategy overview and gives taxpayers action steps to jump-start the planning process, according to a press release.

The executive compensation section of the Year-End tax Guide 2009 looks at:

  • how to benefit from incentive stock options;
  • tax considerations for restricted stock; and
  • understanding nonqualified deferred compensation.

"Whether you are an executive with multiple compensation components or a small business owner, our guide provides an overview of recent tax law changes and strategies to reduce your tax liability. It will show you how to tax-efficiently invest for education and retirement, and transfer your wealth to loved ones," said Eddie Adkins, a Compensation and Benefits Consulting partner in Grant Thornton's National Tax Office, in the press release.

The full text of the executive compensation section of the guide (and the full guide) - including charts and top 20 tax planning opportunities - are at www.GrantThornton.com/yearendtaxguide . A hard copy of the guide is also available for download.

Rebecca Moore
editors@plansponsor.com

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