ARLINGTON, Va., Jan. 4, 2012 /PRNewswire-USNewswire/ -- BNA Books, a division of specialized news and information publisher BNA, today announces the publication of the 2011 Supplement to Section 409A Handbook, providing analysis of new IRS pronouncements.
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Congress' enactment of Tax Code Section 409A as part of the 2004 American Jobs Creation Act was a rude awakening for those accustomed to handling compensation arrangements under the previous regulatory regime. The detailed, complex rules for compliance with Section 409A have forced practitioners to devote far more time than before to plan design and compliance. Section 409A Handbook provides not only the comprehensive guidance necessary to interpret the rules of Section 409A, but also analysis and pertinent advice on its many unresolved issues. Fundamentally useful to both the executive compensation practitioner and the more general benefits practitioner, the Handbook is the "how to" guide for designing and modifying compensation arrangements to comply with Section 409A.
With contributions from numerous recognized experts in the field, this resource provides essential, practical information regarding:
- Structuring and administering a diverse array of executive and other "service provider" compensation arrangements
- Avoiding common violations, spotting violations that have occurred and correcting them whenever possible, and assessing penalties when the violation cannot be corrected
- Areas where Section 409A compliance has proven particularly difficult, the situations that present the highest risk of IRS challenge, and common traps that may result in unintentional violations
- Insight into the interpretation and application of unresolved areas of Section 409A law
- Practical tips/advice and numerous examples, tables, forms, and flowcharts to guide analysis and optimize Section 409A compliance
The 2011 Supplement provides additional coverage of:
- The impact of the newly issued IRS Notice 2010-80
- The new IRS position regarding the use of releases, including advice on developing a strategy for dealing with practical concerns and crafting standard release language for use in different types of agreements
- The new IRS corrections relief that permits addressing compliance errors without, or with lesser, tax penalty
- Informal IRS guidance on key Section 409A issues
Section 409A Handbook, 2011 Supplement is authored by Regina Olshan, a partner in the Executive Compensation and Benefits practice group at Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, whose practice focuses on advising companies, executives, and boards on navigating the regulatory complexities of executive compensation and benefits; and Erica F. Schohn, an associate in the Executive Compensation and Benefits practice group at Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, whose practice focuses on executive compensation, mergers and acquisitions, and corporate governance matters.
BNA, a wholly-owned subsidiary of Bloomberg L.P., is a leading source of legal, regulatory, and business information for professionals. In addition to Section 409A Handbook, BNA's Book Division publishes: Employee Benefits Law, ERISA Class Exemptions, ERISA Fiduciary Law, ERISA Regulations, ERISA: The Law and the Code, and other titles in employee benefits law. For a free BNA Books catalog, call 1.800.960.1220, send an e-mail request to [email protected], or visit us online at www.bna.com/bnabooks.
Section 409A Handbook, 2011 Supplement may be purchased alone (Order #1974-PR11/$145.00 plus tax, shipping, and handling) or with the main volume (Order #9974-PR11/$345.00 plus tax, shipping, and handling) from BNA Books, PO Box 7814, Edison, NJ 08818-7814. Telephone orders: 1.800.960.1220. Fax orders: 1.732.346.1624. A 10% discount is available on print copies of books when ordering from the website at www.bna.com/bnabooks. Please note that discounts cannot be combined.
Editors: Review copy available upon request.
Please e-mail Matt Greene at [email protected], or call 703.341.5767.
SOURCE BNA Books
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