Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Products November 2, 2009
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."
Reported by Rebecca Moore
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.