New article: Executive Compensation Arrangements for Tax-Exempt Organizations

Tax-exempt organizations face special legal challenges in developing compensation packages for their executives. A new article published in the Lexis Practice Advisor provides practical guidance on developing benefits for executives of nonprofits.

This article is divided into the following main topics:

• Executive compensation considerations for tax-exempt entities
• Reasonable compensation
• Excise Tax on Excess Executive Compensation
• Deferred compensation rules
• Severance pay
• Vacation and sick leave plans
• Performance bonuses and other nonfixed payments
• Fringe benefits

Read more.