Internal Revenue Service Updates Golden Parachute Payments Audit Technique Guide, Signaling Key Items IRS May Review on Audit

By Andrew Liazos, Ashley McCarthy and McDermott Will & Emery on August 24, 2017

In early 2017, the IRS updated its Golden Parachute Payments Audit Technique Guide for the first time since its 2005 issuance. While intended as an internal reference for IRS agents conducting golden parachute examinations, the Audit Technique Guide offers valuable insight for both public and private companies, and recipients of golden parachute payments, into how IRS agents are likely to approach golden parachutes when conducting an audit.

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Andrew Liazos
Andrew C. Liazos heads the Firm's Executive Compensation Group and the Boston Employee Benefits Practice. Andrew focuses his practice on compensation and benefit matters, including related securities, M&A, IPO, private equity, international and litigation matters. Clients range from Fortune 500 companies to compensation committees to individual executives in employment and severance negotiations. Read Andrew Liazos' full bio.

Ashley McCarthy
Ashley McCarthy focuses her practice on executive compensation and employee benefits. She has experience working on matters related to executive compensation and employee benefits aspects of public and private company mergers and acquisitions, deferred compensation arrangements, equity award and bonus plan design, employment and severance agreements, and compliance with the Internal Revenue Code, COBRA, the Affordable Care Act, ERISA, and other federal and state statutory and regulatory schemes. Read Ashley McCarthy's full bio.