Kilpatrick Townsend

Insights: Publications

Executive Compensation Planning for Tax-Exempt Organizations

The Tax Advisor

May 1, 2018

Effective for tax years beginning after 2017, the law known as the Tax Cuts and Jobs Act, P.L. 115-97, added new Sec. 4960, which imposes an excise tax on tax-exempt organizations that pay excessive compensation to certain employees.