by Dave Moja | Aug 7, 2019 | Tax Tips |
ISSUE The new Internal Revenue Code Section 4960 – the “Million Dollar Tax” – is very complicated. As we’ve said previously (see Tax Tips, 1/9/19), your school may never pay a worker $1,000,000 a year, but institutions should be aware of the “excess parachute...
by Dave Moja | Jan 9, 2019 | Tax Tips |
ISSUE On December 31, 2018, the IRS released Notice 2019-9. This 65-page treatise on new I.R.C. Section 4960 is pretty technical and institutions should especially be aware of the issue with severance situations that might contain “excess parachute payments.” ...
