By Porter Wright on Are you considering taking an early distribution from your retirement plan? If so, now is a good time to brush up on the early distribution rules. In Tax Tip 2011-42 (available here), the IRS reminds you of the tax impact of taking a withdrawal from your retirement plan before you reach age 59 ½. Early … Continue Reading
By Greg Daugherty on Publicly traded companies may need to act quickly to review, and, if necessary, amend their stock option and stock appreciation right (“SAR”) plans in order to preserve tax deductions for compensation in excess of $1 million paid to certain executives. The reason for this review is that the Internal Revenue Service (the “IRS”) and the … Continue Reading
