Punishing the Victim: IRC §162(m) and the Limitation on Deducting Executive Compensation
May 25, 2020Archives . Authors . Blog News . Certified Review . Feature . Feature Img . Issue Spotters . Policy/Contributor Blogs . Professor Blogs . Recent Stories Article(Source) The phenomenon of punishing the victim is unfortunately a familiar one. Too often, a person in need of protection discovers that those whose ostensible task it is to assist not only do not offer the necessary protection but in fact exacerbate the harm. Here is a current example. Section 162(m) of the Internal Revenue
Who Gets the Big 199A Tax Loophole?
March 13, 2018Archives . Authors . Blog News . Feature . Feature Img . Recent Stories . Student Blogs ArticleIn December 2017, Congress signed the Tax Cuts and Jobs Act (TCJA) into law. It was largely unpopular for most Americans but has left some people and companies quite pleased—the ultra wealthy ones like the Koch Brothers and Pfizer. The TCJA has lowered the individual income tax from 39.6% to 37%, lowered the corporate income