BIRMINGHAM, Ala.–Dollar Associates said it will hold a free webinar on “IRS Reporting on CU Executive Compensation: The Insides and Outs of the New Excise Tax
on all Not-for-Profits” on Wednesday from 3:00-4:30 p.m. ET.
“Since Congress passed the new tax law in 2017, credit unions have been waiting for the IRS to come forward with their reporting regime for executive compensation, including employee benefits and deferred compensation,” Dollar Associates said. “Credit union executives, as well as credit unions themselves, will be impacted by how the calculations are made and through what mechanism credit unions must report publicly accessible executive compensation. On behalf of its over 450 credit union clients, Dollar Associates has been monitoring this issue for over a year. We have provided the most up-to-date analysis from some of the industry's most seasoned experts in executive compensation at not-for-profit entities.”
Dollar Associates said the IRS has now provided guidance on how credit unions are to report executive compensation, what is to be included and how the excise tax is to be calculated.
Appearing on the webinar with the Dollar Associates team will be representatives from TriscendNP, an executive benefits consulting firm out of Dallas, Texas, that has partnered with the Dollar team to bring the most up-to-date and actionable analysis of the excise tax issue and all that is related to it: reporting requirements, calculation methods, deadlines, public access concerns.
TriscendNP, a consulting firm that works exclusively with not-for-profit entities such as hospitals, foundations, associations, universities and credit unions.
For more info: http://www.dollarassociates.com/webinar.php?cn=54