Compensation & Benefits
Compensation and benefits play a critical role in attracting and retaining quality personnel. Experienced WTAS professionals can help your business consider the numerous compensation alternatives and then design and implement an effective, tax-efficient compensation program.
For more information, read:
Fundamentals of ESOPs for S Corporations
Employee stock ownership plans (ESOPs) originated in 1974 with the passage of the Employee Retirement Income Security Act (ERISA)1. The intent of ERISA was to offer incentives for companies to allow employee participation in ownership... more
WTAS offers outstanding service to businesses in the all-important area of employee compensation and benefits. We can:
- Provide general tax consulting services on compensation and benefits issues
- Help your business develop and implement nonqualified deferred compensation plans
- Assist in the design, establishment, implementation and operation of equity compensation programs such as nonqualified stock options, incentive stock options, qualified stock-purchase plans, restricted-stock arrangements, restricted-stock unit programs and phantom stock
- Provide transaction consulting services, including, review of retirement programs and welfare-benefit plans, integration issues, and income tax deduction issues
- Consult on “golden parachute” arrangements
- Advise on the design and implementation of executive financial and tax counseling programs
- Assist in the design, implementation and termination of qualified retirement plans such as pension plans, profit-sharing plans, 401(k) plans, and employee stock ownership plans (ESOPs)
- Consult with you on operational issues of qualified retirement plans including compliance issues, prohibited transactions, discrimination testing, preparation of IRS Form 5500, and reporting and income tax withholding issues
- Consult on employee welfare plans and fringe benefits, including taxation issues, reporting rules, and withholding tax requirements