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Jenna assists employers in drafting, implementing, and administering qualified and non-qualified retirement and welfare benefit plans. She also assists clients in matters related to corporate transactions including conducting due diligence and reviewing employee benefits provisions in merger and acquisition documents. Jenna also assists our non-U.S. clients and their local counsel with cross border equity and incentive compensation arrangements.

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Benefits / Tax

The Special Timing Rule for Taxation of Nonqualified Deferred Compensation

For an employee who is a U.S. taxpayer, both the employer and the employee are liable for a portion of Social Security taxes and Medicare taxes (collectively referred to as “FICA” taxes) on the employee’s compensation. Employers are liable for withholding and remitting both the employer and the employee portions of FICA taxes, which typically...

Benefits / Tax

Canadian Compensation Arrangements – When Do I Need U.S. Counsel?

Imagine a Canadian company adopts a deferred share unit plan (DSU Plan) for its directors.  At the time the plan is adopted, the company does not have the plan reviewed by U.S. counsel, because none of their directors reside in the U.S.  It is not until several years later that the company learns that one...