The Impact of the 2017 Tax Reforms on Employment-Based Benefits and Tax-Favored Compensation

Alerts / December 22, 2017

Whenever the United States Congress takes up "tax reform," there always is a danger that the Congress will pay for such tax reform, in part, by eliminating many of the tax incentives that enable employers to provide executives and rank-and-file employees with tax-favored benefits, or provide executives and others with the opportunity to defer compensation. After all, the two largest tax expenditures in the federal budget are for (1) employer-provided health insurance and (2) amounts "saved" for retirement under any form of tax-favored pension or profit-sharing plan or Individual Retirement Account ("IRA").


Baker & Hostetler LLP publications are intended to inform our clients and other friends of the firm about current legal developments of general interest. They should not be construed as legal advice, and readers should not act upon the information contained in these publications without professional counsel. The hiring of a lawyer is an important decision that should not be based solely upon advertisements. Before you decide, ask us to send you written information about our qualifications and experience.