On July 4, 2025 President Trump signed into law The One, Big, Beautiful Bill Act, whichcontains key employee benefit changes relating to fringe benefits, executive compensation andhealth and welfare plan benefits. We look at the key employee benefit changes that you should be aware of in this Insight.… Continue Reading
The American Rescue Plan Act of 2021 (“ARPA”)[1] makes a small but significant change for publicly held corporations subject to the compensation deduction limitations under Internal Revenue Code Section 162(m). In general, Code Section 162(m) limits deductions for compensation in excess of $1 million for “covered employees”.… Continue Reading
With U.S. tax reform on the horizon, there are some reports that lawmakers are considering limiting annual pretax contribution limits to 401(k) plans to $2,400. The current tax code allows most workers to contribute up to $18,000 on a pretax basis to 401(k) plans. At this time, it is uncertain whether there will be any … Continue Reading
