Executive's Tax & Management Report articles from October 2004

Executive's Tax & Management Report archives from October 2004

Restricted stock as incentive compensation.
October 1, 2004... While many employers and employees are familiar with stock options and consider it an excellent way to provide incentive compensation to employees, they are less familiar with the use of restricted stock plans. In many situations, restricted...

IRA stats released by IRS.(Individual retirement accounts)(internal revenue service)(Brief Article)
October 1, 2004... Moore than 15 million taxpayers, or 9.5 percent of those eligible, contributed to an individual retirement account (IRA) in 2000, according to the IRS's most recent STATISTICS OF INCOME BULLETIN. Each taxpayer contributed an average of...

Financial planning begins with your compensation and benefit plans.(Financial Planning)
October 1, 2004... Most employers offer a full array of compensation and benefit alternatives, including salary, bonus, deferral elections, stock-based compensation, retirement plans, life insurance, disability insurance, health insurance and long-term care...

Progress Reported in IRS/State Partnership.
October 1, 2004... Since forming a federal/state partnership last September to target abusive tax avoidance schemes, the Internal Revenue Service and state agencies have shared 28,000 leads and uncovered tens of millions of dollars in previously unidentified...

Internal controls and processes for unclaimed property.(Management Strategies)
October 1, 2004... Despite increased state efforts over the last decade to step up enforcement of unclaimed property laws, some companies still don't consider unclaimed property a priority. Executives need to understand the importance of internal controls and...

How much will pay increases rise next year?(Compensation & Benefits)
October 1, 2004... Pay increases are expected to climb slightly next year, but for the fourth consecutive year, the average increase will likely remain below four percent, according to Steven E. Gross, leader of the compensation consulting practice in the US...

New list of priorities released for coming year.(Tax Procedures)
October 1, 2004... Every year, the Treasury and the IRS release an annual list of tax issues that they plan to address through regulations, rulings, revenue procedures, notices and other forms of guidance in the coming year. The 2004-2005 Priority Guidance Plan...

IRS selects industry-specific issues for resolution program.(Tax Procedures)
October 1, 2004... The IRS plans to tackle certain tax sues facing the banking and heavy equipment distributor industries as part of this year's Industry Issue Resolution (IIR) Program, which reviews complex business tax issues to provide consistency and...

Check return for accuracy, or pay the price.(Dealing With The IRS)
October 1, 2004... Hiring an accountant to, prepare your tax return doesn't relieve you of your obligation to check the accuracy of your return before it's filed. That's what one couple learned after the IRS determined that they owed $39,519 in federal income...

Investment in employee portals on the rise.(Executive's Briefcase)(Brief Article)
October 1, 2004... Companies are once again investing in employee portals and corporate intranets as economic conditions continue to improve, according to Watson Wyatt (www.watsonwyatt.com), a human capital consulting firm. "Investment in portals, which...

U.S. workers forfeit millions of vacation days.(Executive's Briefcase)(Brief Article)
October 1, 2004... At least 30 percent of employed adults give up vacation time they've earned, and end up handing back 415 million vacation days to their employers, according to a recent survey by Expedia.com. On average, every working American misses out...

What's on your employees' wish lists?(Executive's Briefcase)(Brief Article)
October 1, 2004... Forty-eight percent of workers in a recent survey said a bonus or raise topped their "wish list," following by 24 percent who wanted more time off. Developed by OfficeTeam (www.officeteam.com), the survey also found that 17 percent of workers...

What's the ROI on executive coaching?(Executive's Briefcase)(Brief Article)
October 1, 2004... Executive coaching delivers a return on investment (ROI) of nearly six times the initial cost of coaching, according to a survey of 100 senior executives who participated in coaching programs. Seventy percent of the executives who...

Companies struggle with information management.(Managing Your Business)
October 1, 2004... If your organization is running into barriers in responding to new compliance requirements, then you might be interested to know that other companies are facing similar challenges. Compliance concerns are driving a vast majority of...