Anthony M. Vienna Law Blog

Do you know that the IRS has at its disposal over 130 potentially applicable civil tax penalties in the Internal Revenue Code?  This does not even include certain sanctions imposed administratively for correcting plan documents or operational errors involving tax qualified employee benefit plans, which in some cases can be enormous. ... Read More

Do you know that the IRS has at its disposal over 130 potentially applicable civil tax penalties in the Internal Revenue Code?  This does not even include certain sanctions imposed administratively for correcting plan documents or operational errors involving tax qualified employee benefit plans, which in some cases can be enormous. ... Read More

The American Jobs Creation Act of 2004 created a new Section 409A of the Internal Revenue Code.  That statute is the Congressional response to Enron-style abuses.  Accordingly, it is broad in scope, affecting virtually every nonqualified retirement plan and deferred compensation arrangement, whether offered by the a large publicly-traded multi-national corporation or by a small, privately held company.  If an Employer has granted any form of deferred compensation to it's employees... Read More