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.