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How do you think businesses should respond to the changes

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Question: The $1 million compensation deduction does not appear to have deterred large corporations from paying large salaries to executives. How are corporations working around this provision? Are executives taking pay cuts, or are their salaries being deferred or changed in nature due to Sec. 162(m)? How do you think businesses should respond to the changes made in this area by the Tax Cuts and Jobs Act (TCJA) of 2017? Use an article or the IRS website to support your opinion.

Reference no: EM133549084

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