The $1 million compensation deduction does not seem to have deterred large corporations from paying executives large salaries. How are corporations working around this provision? Are executives taking pay cuts, or are their salaries being deferred or changed in nature due to Sec. 162(m)? How do you think companies should respond to the changes made to this area by the Tax Cuts and Jobs Act (TCJA) of 2017?
How do you think companies should respond to the changes made to this area by the Tax Cuts and Jobs Act (TCJA) of 2017?
