COMPENSATION & BENEFITS
Prior to offering compensation, businesses should consider the tax consequences. The IRS reviews executive compensation arrangements in routine exams and focuses on the matching of income and deduction between the employee and employer. For most compensation arrangements, specific requirements must be met to ensure the most efficient tax consequences to both the employer and the employee. At GMG CPA we stay up to date with the IRS Compensation and Benefits rules and regulations.
Our compensation and benefit planning services include:
- Competitive compensation analysis
- Compensation planning
- Benefits and retirement planning
- Employee incentive programs
- Profit sharing