Course Description

Even in the age of automation, the most valuable resource any company has is its employees. Finding the right person who fits the skills needed for the job and the personality of the organization is a challenge, especially in a competitive market. Using examples and illustrative problems, this course will explore the structure and taxation of various types of employee compensation plans. It will also utilize surveys and statistics to explore the effects of various types of plans on employee retention.

Learning Objectives

  • State the agency problem and how it affects compensation decisions for employees.

  • Describe the taxation of bonuses and various stock plans for both employers and employees.

  • List key considerations when developing retirement plans for employees.

Additional Required Materials

  • Level: Basic

  • Field of Study: Taxes

  • Who Should Attend: CFOs & Controllers who are involved in compensation decisions for their employees, as well as practitioners who advise on these issues for their clients.

  • Required Knowledge: Basic knowledge of employee benefit plans

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.