How does Section 409A apply to independent contractors?

The Department of Treasury and Internal Revenue Service (IRS) today released final regulations implement Section 409A of the Tax Code governing deferrals of ... Feb 2, 2024 ... What 409A valuations are; Why they're an IRS requirement; Common criticisms on Section 409A from start-ups; The benefits of 409A compliance ... Section 409A imposes complex new requirements on nonqualified deferred compensation plans that must be satisfied to avoid immediate income inclusion. Apr 13, 2007 ... ... Section 409A of the Internal Revenue Code. Section 409A was enacted as part of the American Jobs Creation Act in October 2004 and applies to ... Jun 4, 2016 ... Section 409A imposes four general categories of requirements that nonqualified deferred compensation plans must satisfy to avoid penalties and ... May 24, 2013 ... Rabbi Trusts May Need Amendment to Avoid Code Section 409A Trap ... Companies maintaining so-called “rabbi trusts” to fund deferred compensation ... Sep 17, 2024 ... John G. Hodnette authored the North Carolina Bar Blog article, "Basics of Section 409A." View the article. May 1, 2014 ... payment plan for their academic salary under IRS Section 409A and Deferred Compensation. A Salary Election must be made prior to the school ... Dec 4, 2008 ... ... Section 409A. Please review the following changes; however, in order to ensure compliance with Section 409A, Intuit must receive a copy of ... Jun 26, 2010 ... This article provides an overview of some key aspects of Section 409A, the $1 million limit under Section 162(m), and the golden parachute rules ...