Surgent's Tax Reporting for Executive Compensation

Overview

This comprehensive course delves into the intricate world of executive compensation, focusing on the taxation and reporting procedures for various types of compensation arrangements. Participants will gain a deep understanding of the key differences between incentive stock options (ISOs) and nonqualified stock options (NQSOs), as well as the tax treatment and reporting requirements for restricted stock awards, stock appreciation rights (SARs), phantom stock plans, and employee stock purchase plans (ESPPs). The course will also cover the accurate analysis of tax forms and schedules used for reporting executive compensation, common tax reporting errors to avoid, and strategies for handling extensions, estimated taxes, and increased IRS scrutiny.

Highlights

Nonqualified deferred compensation (NQDC)
Nonqualified stock options (NQSOs)
Incentive stock options (ISOs)
Restricted stock/restricted stock units (RSUs)
Stock appreciation rights (SARs) and phantom stock
Employee stock purchase plans (ESPPs)
Applicable tax forms and schedules
Stock sale reporting
Estimated taxes
Filing deadlines and extensions
State taxation

Prerequisites

None

Designed For

Accounting and finance professionals who advise clients or their own organizations on issues related to employer stock and executive compensation

Objectives

Understand and explain the taxation and reporting procedures for nonqualified deferred compensation (NQDC) arrangements
Distinguish between incentive stock options (ISOs) and nonqualified stock options (NQSOs) in terms of taxation and reporting requirements
Describe the tax treatment and reporting procedures for restricted stock awards
Differentiate between the taxation and reporting requirements for stock appreciation rights (SARs) and stock options
Discuss the taxation and reporting considerations for phantom stock plans
Explain the tax benefits, reporting procedures, and participant eligibility for employee stock purchase plans (ESPPs)
Understand the tax consequences and reporting requirements of stock bonus plans
Outline the tax incentives, contribution limits, and reporting procedures for employee stock ownership plans (ESOPs)
Interpret and analyze the tax forms and schedules used for reporting executive compensation
Recognize and prevent common tax reporting errors associated with executive compensation plans
Formulate strategies for stock sale reporting, estimated taxes, filing deadlines and extensions, and state taxation