Oct 17, 2017 | Firm Updates, Individual Tax, Tax Tips
If you’re an executive or other key employee, you might be rewarded for your contributions to your company’s success with compensation such as restricted stock, stock options, or non-qualified deferred compensation (NQDC). Tax planning for these forms of “exec comp,”...
Oct 18, 2016 | Firm Updates, Tax Tips
In addition to income tax, you must pay Social Security and Medicare taxes on earned income, such as salary and self-employment income. The 12.4% Social Security tax applies only up to the Social Security wage base of $118,500 for 2016. All earned income is subject to...