Andrew Liazos Archives - CFO

IRS Guidance on Exec Comp Changes Falls Short

IRS Guidance on Exec Comp Changes Falls Short

A notice on how to apply tax-deductibility changes included in the recent tax-reform law may leave open more questions than it answers.

By David McCann | August 24, 2018

Why Life Insurance Portfolios Must Be Audited

Risk Management

Why Life Insurance Portfolios Must Be Audited

While companies have good reasons to buy insurance on executives' lives, lax monitoring of policy performance can destroy much of the value.

By David McCann | May 30, 2018

ISS Targets Hedging, Pledging of Company Stock

Human Capital & Careers

ISS Targets Hedging, Pledging of Company Stock

The shareholder advisory service now considers some strategies executives use to realize or lock in value from company stock to be risk-oversight failures.

By Andrew Liazos | November 26, 2012

Many Employers to Get FICA Tax Refund Windfall

Many Employers to Get FICA Tax Refund Windfall

The ruling by an appeals court is also good news for employees who are, or already have been, involuntarily terminated because of a large workforce reduction or plant closing.

By Andrew Liazos | October 22, 2012

Are Banks Soft-Pedaling Clawbacks?

Are Banks Soft-Pedaling Clawbacks?

New research suggests that the financial-services sector, though ripe with instances of negligence and other malfeasance, is not yet moving aggressively to reclaim compensation from perpetrators.

By David McCann | August 23, 2012

New IRS Rule on Business Aircraft Could Cost Companies Big Bucks

New IRS Rule on Business Aircraft Could Cost Companies Big Bucks

The presence of even one person on a company-owned plane for personal entertainment purposes could wipe out what would otherwise be a large tax deduction.

By Andrew Liazos and Ruth Wimer | August 15, 2012

New Threat to Personal Use of Corporate Jets?

New Threat to Personal Use of Corporate Jets?

In light of a recent lawsuit, CFOs should take a fresh look at how personal use of company aircraft is identified and reported for proxy purposes.

By Andrew Liazos | July 17, 2012

Beware this Threat to Exec-Comp Tax Deductions

Beware this Threat to Exec-Comp Tax Deductions

An IRS compensation rule aimed at health insurers could actually apply to a wide range of companies.

By Andrew Liazos | June 14, 2012

JOBS Act Lightens Exec Comp Disclosure Burden

JOBS Act Lightens Exec Comp Disclosure Burden

Well, for emerging growth companies, at least. The new law also exempts such firms — which are planning an IPO and have less than $1 billion in revenue — from holding a “say-on-pay” vote.

By Andrew Liazos | April 17, 2012

Will Auditors Influence How Executives Are Paid?

Risk Management

Will Auditors Influence How Executives Are Paid?

PCAOB proposals would have auditors reading the employment and compensation contracts of corporate leaders and, possibly, forcing changes to comp programs due to unacceptable risks of material restatement.

By Andrew Liazos | March 12, 2012

Hart-Scott-Rodino Act: Not Just about M&A Activity

Hart-Scott-Rodino Act: Not Just about M&A Activity

Equity grants could trigger financial penalties for executives and directors.

By Andrew Liazos | February 13, 2012

Not Just a Tax Issue: Lawsuits Crop Up over IRS 162(m)

Not Just a Tax Issue: Lawsuits Crop Up over IRS 162(m)

Shareholders accuse companies of making false and misleading executive-compensation and tax disclosures.

By Andrew Liazos | January 12, 2012

ISS Toughens Up View of Executive Comp

Risk & Compliance

ISS Toughens Up View of Executive Comp

CFOs may need to play a larger role in CD&spamp;A disclosure for the 2012 proxy season.

By Andrew Liazos | December 19, 2011

How to Avoid Tax Penalties on Deferred Comp

How to Avoid Tax Penalties on Deferred Comp

Put a review of administrative practices relating to deferred compensation on your year-end to-do list.

By Andrew Liazos | November 21, 2011

Your Annual Bonus May Not Be Deductible

Your Annual Bonus May Not Be Deductible

Just paying the bonus by March 15 does not ensure it will qualify for a corporate tax deduction for the prior year.

By Andrew Liazos | October 24, 2011