What You Need to Know About 409A - Non-Qualified Deferred Compensation - Final Regulations

Date: Thursday, May 1, 2008
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter: Daniel S. Welytok, Attorney, Whyte Hirschboeck Dudek
Moderator:
Learning Objectives:
The participant will learn:
• What plans or arrangements might be subject to Code Section 409A
• why compliance is required
• what the penalties are for noncompliance
• a general overview of what the final regulations provide for
• what needs to be done (and what can be done) between now and January 1, 2009.
Field of Study: Taxes
Program Level: Intermediate
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.

Course Description

This CLN will review the highlights of the final regulations that interpret Internal Revenue Code Section 409A on deferred compensation arrangements, discuss key concepts and applications, and provide an overview of what arrangements may be subject to Code Section 409 A. What needs to be done prior to January 1, 2009 in order to bring subject arrangements into compliance will also be covered.

Presenter and Moderator Bios

Presenter: Daniel S. Welytok, Attorney, Whyte Hirschboeck Dudek

Daniel S. Welytok is a shareholder in the Milwaukee office of Whyte Hirschboeck Dudek S.C., where his primary areas of practice include taxation, exempt organizations and business law. Dan provides a broad range of representation, advising clients on detailed aspects of organization and planning, operational issues, compensation practices, income reporting and recognition issues, cooperative and membership associations as well as transactional issues. He has served in various leadership roles in the tax section of the American Bar Association and as the Great Lakes Area liaison with the Internal Revenue Service Tax Exempt/Government Entities Division. Dan advises a wide mix of tax-exempt and non-profit organizations including some of the nation’s leading cooperatives on business and tax implications covering a variety of transactions and activities. Welytok is the co-author of Nonprofit Governance for Dummies, and is a frequent speaker at a variety of national and local tax seminars. He received his law degree in 1986 from the University of Wisconsin and his Masters of Law in Taxation from DePaul University in 1990. He is admitted to practice in Wisconsin, Illinois and District of Columbia and the U.S. Tax Court.

Cost
$56.00 for NSAC Members / $70.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.

What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat. No advance preparation or prerequisites are required, unless otherwise stated in the course information. Attendees are able to download copies of the slides and/or handouts and are provided a link to view the recording (unless the description states the session will not be recorded). These tools help continue your learning experience after the session.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#103068) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Internet Based.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
A device with an Internet connection is all you need. If your device does not have sound capabilities, the ability to dial in from a telephone is available.

Ideal for multiple attendees.
Use a speakerphone and projector/monitor and invite as many people as you want to participate - at no extra cost to you.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.