Current Employment

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AIG’s Edward Liddy says the employment contracts signed by derivative execs are forcing him to pay them millions in bonuses. This is still the guy who canned 6,000 agents at Allstate, right? And he saw the auto bailout in the news?

So what the @#$# is going on?

This past weekend at the ABA Tax Section’s Midyear Meeting, practitioners discussed what we may expect in employee benefits from the Obama Administration.

NFL agents have been warned about the possible implications of 409A on their clients’ compensation arrangements. Obviously, all other professional athletes, and more importantly, their agents, should also take notice of these new rules before the end of the year.

If you’ve been tuning in to CE lately, you may remember a post a couple weeks ago mentioning the fact that the IRS had yet to publish the income inclusion regulations under 1.409A-4 of the Treasury Regulations that had allegedly been complete for some time. On Friday, December 5th, the proposed regulations were finally published.

It’s that inevitable time of year in fake journalism land where everybody decides to rank the stuff that happened in the past 12 months, and employment reports are (sadly? thankfully?) not immune.
The thing is, the CE staff is in this beautiful space between the end of finals and the beginning of BarBri (PMBR notwithstanding) that [...]