Insights

Excise Tax on Executive Compensation for Tax-Exempt Organizations

By Eva Mruk, Partner, CPA, EA

An article entitled Excise Tax on Executive Compensation for Tax-Exempt Organizations was recently published in the NYSSCPA TaxStringer. It addresses the final Regulations under Code section 4960 which imposes an excise tax on executive compensation in excess of $1 million and parachute payments for applicable tax-exempt organizations under specific circumstances. This article provides technical information on the excise tax, IRS statistical data and oversight, and some valuable considerations when entering into new or redesigning executive compensation arrangements.

Click here to read the full article.

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Eva Mruk, CPA, EA
Partner,

emruk@pkfod.com