Is the provision of an employer-provided cell phone considered deferred compensation under Section 409A?

May 4, 2015 ... Section 409A requires that "deferred compensation" be structured in a particular manner. Specifically, deferred compensation must be payable on ... Oct 30, 2023 ... NQDC Interest Determined Under Section 409A(a)(1)(B)(ii) · 20% of the amount required to be included in income; · Interest calculated on the ... A reasonable valuation method is one that considers all available information that is material to the value of the company. Title: Application of Section 409A to Nonqualified Deferred Compensation Plans. Abstract: Proposed regulations that contain certain clarifications and ... Section 409A allows participants to delay the distribution or change the form of the benefit of scheduled distributions as long as outlined rules are followed. Sep 3, 2013 ... The regulations under Section 409A give us two possible safe harbors for private companies which, if complied with, will give us the presumption that our ... (1) Section 409A provides that all amounts deferred under a NQDC plan for all taxable years are currently includible in gross income (to the extent not subject. Mar 17, 2020 ... To qualify as performance-based compensation for this exception, one primary requirement is that the performance criteria must be established in ... Section 409A was enacted by Congress as part of the American Jobs. Creation Act of 2004. This law makes dramatic revisions that could cause immediate taxation ... 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 ...