On December 20, 2019, the Treasury and IRS released proposed regulations1 implementing the Tax Cuts and Jobs Act’s changes to section 162(m)’s $1,000,00 limit on the deductibility of “covered employee” compensation.2 In key part, the TCJA3 eliminated the exception from section 162(m) for performance-based compensation and expanded the covered employees…
Sinead M. KellyBrowsing
Sinead Kelly is a partner in the Firm's Compensation practice. She advises on US executive compensation and global equity and has practiced in the compensation field for over 15 years. She regularly publishes articles and blogs on compensation-related topics, including in the Corporate Taxation Journal and Law 360, and is a contributing author to Lexis Practice Advisor and a founder of the Firm's Compensation Connection blog. She is also a frequent speaker on executive compensation and global equity topics, in venues including the National Association of Stock Plan Professionals, the Society for Corporate Governance, the Certified Equity Professional Symposium, the Global Equity Organization and the National Center for Employee Ownership. She has been recognized by Chambers USA for Employee Benefits and Executive Compensation where Chambers states that she is "fantastic and always provides comprehensive and timely advice."