Latest News
Nonprofits Face Pressure Over Pay Practices From IRS | Employment Law
Tags: Albany Law | Employee Benefits | Individual Employment | Lawyers | Legal Counsel | Litigation Law | New York Law | Syracuse Lawyers
The Internal Revenue Service and other governmental agencies are scrutinizing the pay practices of nonprofit organizations. Specifically, federal and state initiatives, trends and best practices are placing nonprofit organizations under pressure to disclose and justify the executive compensation programs. It is particularly important that nonprofit organizations have all contracts for executive compensation reviewed for compliance with Section 409A.