Incentive Compensation in LLCs and Partnerships

Date:

Friday, December 20, 2013

Speaker(s):

Leon Andrew Immerman, Alston & Bird, LLP

RSVP:

www.cobar.org or (888) 860-25311

Fee:

$89 member, $109 nonmember

Time:

noon-1 pm

CLE Credits:

1 hr

Event Type:

The flexibility of LLCs and partnerships allows for a wide range of incentive compensation structures. The choice is not merely between equity and straight cash payments. Rather, the entity can offer a blend of equity, profit participation interests and appreciation rights. Within each structure, there are variations, including timing, vesting and taxability. A new consideration is the application of the new 3.8% Medicare tax. This program will provide you with a practical guide to forms of incentive compensation for LLCs and partnerships, the tax and non-tax consequences and tradeoffs of each, application of the new 3.8% Medicare tax and common traps.