IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Utilizing Employee Ownership as a Benefit – Legal and Tax Considerations – OnDemand

$219.00

SKU: 409861-ondemand

Description

Gain a better understanding of how to properly utilize employee ownership and avoid any unwanted tax or compliance consequences.

Employers have many forms of employee ownership incentives that can be utilized to retain employees and invest them in the profitability of their employer’s business. A thorough knowledge of these forms, the applicable tax rules and 409A and ERISA compliance issues can allow an employer to properly utilize employee ownership in their business and avoid any unwanted tax or compliance consequences.

 

Learning Objectives

  • You will be able to identify the various types of employee ownership incentives that can be utilized to retain employees and allow employees to invest in their employer.
  • You will be able to explain 409A compliance issues with regard to each type of employee ownership incentive.
  • You will be able to describe the taxation of each of the types of employee ownership compensation.
  • You will be able to recognize the types of employee ownership incentives that will work well for your employees, given your business objectives.

Types of Employee Ownership Incentives

  • Share Purchase
    • Stock Purchase
    • Capital Interest
    • Profits Interest
    • Options
  • Restricted Stock/Interests
  • Stock/Interests Appreciation Rights
  • Phantom Stock/Interests
  • ESOPs (Qualified Employee Stock Ownership Plans)
  • ESPPs (Qualified Employee Stock Purchase Plans)

Phantom Ownership

  • Nature of Ownership
  • Business Consequences
  • Taxation

Actual Ownership

  • Nature of Ownership
  • Business Consequences
  • Taxation
    • Entity Type
    • Impact of Tax Reform

ERISA Issues

  • Application of ERISA
    • Qualified Plans
    • Top Hat Plans
  • ERISA Compliance Issues

409A Compliance Issues

  • Application of 409A
  • Options Under 409A
  • Business Considerations Regarding 409A Compliance

 

  • AK CLE 1.5
  • Alaska attorneys may receive 1.5 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
  • AL CLE 1.7
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.7 hours credit.
  • AR CLE 1.5
  • This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
  • Arizona CLE 1.5
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.5 hours toward your annual CLE requirement for the State Bar of Arizona.
  • CA MCLE 1.5
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
  • CT CLE 1.5
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.5 CLE credit(s).
  • GA CLE 1.5
  • This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.5 CLE hours.
  • HI CLE 1.5
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.5 CLE credit hours.
  • IN CLE 1.7
  • This program has been approved by the Indiana Commission on Continuing Legal Education. Participating attorneys are eligible to receive up to 1.7 hours of Distance Education credit.
  • MO CLE 2.0
  • This program has been approved by the Missouri Bar for 2.0 hours of CLE.
  • MS CLE 1.7
  • This program has been approved by the Mississippi Commission on Continuing Legal Education for a maximum of 1.7 credit hours.
  • NC CLE 1.5
  • This program has been approved by the North Carolina State Bar Board of Continuing Legal Education for 1.5 CLE hours.
  • ND CLE 1.75
  • This program has been reviewed by the North Dakota Commission for Continuing Legal Education and approved for 1.75 hours of CLE credit.
  • NH MCLE 1.6
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 95 Minutes.
  • NJ CLE 2.0
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2.0 hours of total CLE credit.
  • NM CLE 1.6
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.6 hours of credit.
  • NV CLE 1.5
  • This program has been approved by the Nevada Board of Continuing Legal Education for 1.5 CLE hours.
  • OH CLE 1.75 (Pending)
  • This course has been submitted to the Supreme Court of Ohio Commission on Continuing Legal Education for 1.75 CLE hours. Approval pending.
  • PA CLE 1.5
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.5 hours of substantive law, practice and procedure CLE credit.
  • RI CLE 2.0
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 2.0 hours of CLE credit.
  • TN CLE 1.67
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.67 hours of credit.
  • VA CLE 1.5
  • This program has been approved by the Virginia Mandatory Continuing Legal Education Board for 1.5 CLE credit hours.
  • VT CLE 1.5
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.5 hours of CLE credit.
  • WI CLE 2.0
  • This program has been approved by the Board of Bar Examiners for 2.0 hours for use toward the Wisconsin Mandatory CLE requirement.
  • WV MCLE 2.0
  • This program has been approved by the West Virginia State Bar MCLE Commission for 2.0 MCLE hours.
  • CPE 2.0 including Business Law 2

Dannae L. Delano

The Wagner Law Group

  • Partner in the St. Louis office of The Wagner Law Group
  • Practice emphasizes all aspects of employee benefit compliance, planning, design and implementation and resolution of applicable tax issues regarding same
  • Conducts regular seminars and workshops on all aspects of employee benefit compliance, for retirement plans, health and welfare plans, and executive compensation planning
  • Wrote several publications related to employee benefit compliance issues
  • Can be contacted at 314-236-0065, ddelano@wagnerlawgroup.com, or www.wagnerlawgroup.com