Effective December 22, 2017, the Tax Cuts and Jobs Act of 2017 (the “Act”) made significant changes to certain provisions of the Internal Revenue Code of 1986 (the “Code”).

While there was much discussion and analysis of the Act leading up to its enactment, the Act contains many changes to the federal income tax treatment of executive compensation and/or employee benefits of which corporate executives, officers and human resource personnel should be aware to ensure the proper federal income tax treatment and reporting of such items, while satisfying the financial goals to be attained by the recipient employees. READ MORE