Help Employees Take Flight with a Performance Management Pilot Program

Many years ago, “performance management” was a supervisor giving orders to an employee and the employee trying to follow them. But as the workplace has evolved and employers have sought to get a greater return on investment in human resources, the concept of performance management has become much more complex. Today, performance management is a…

...

Time for NQDC Plan Deferral Elections

If you’re an executive or other key employee, your employer may offer you a nonqualified deferred compensation (NQDC) plan. As the name suggests, NQDC plans pay employees in the future for services currently performed. The plans allow deferral of the income tax associated with the compensation. But to receive this attractive tax treatment, NQDC plans…

...

Offering COBRA to a Terminated Employee’s Domestic Partner

Many employers offer coverage to employees’ domestic partners under their health care plans. If your organization does so, you need to determine what rights domestic partners have regarding COBRA insurance. General Principles One common question for employers is whether terminated employees may elect to continue COBRA coverage for their domestic partners. The answer is yes;…

...

Research Credit Available to Some Business for the First Time

The Tax Cuts and Jobs Act (TCJA) didn’t change the federal tax credit for “increasing research activities,” but several TCJA provisions have an indirect impact on the credit. As a result, the research credit may be available to some businesses for the first time. AMT Reform Previously, corporations subject to alternative minimum tax (AMT) couldn’t…

...