- Posts by Melissa Sampson McMorrowPartner
Melissa Sampson McMorrow chairs Nutter's Tax Department, co-chairs the Nonprofit and Social Impact practice group, and serves as a member of the firm’s Executive Committee. She advises businesses, tax-exempt entities, and ...
Melissa Sampson McMorrow released a tax advisory, "Practical Insights on Tax Reform: Impact on Exempt Organizations" that examines how the Tax Cuts and Jobs Act will affect exempt organizations. In addition to discussing the general impact that Tax Reform will have on exempt organizations, the advisory delves in to the specific impact the legislation will have on fringe benefits and executive compensation and potential penalties that could be imposed on exempt organizations. As a result of these new rules, exempt organizations should immediately review their practices regarding executive compensation and fringe benefits to avoid the application of any excise tax or understand the implication of a potential new item of UBTI.
In this blog, Nutter's Executive Compensation and Employee Benefits attorneys will provide updates on key developments and offer practical tips and best practices relating to executive compensation, employee benefits, and corporate governance matters.