Doing Business in Western Pennsylvania: Part 2 – Pittsburgh

From its early days as a steel town, Pittsburgh has evolved into a multifaceted and diverse economy based on manufacturing, energy production, technology, health services, financial services, and higher education. Each of these industries faces regulatory and business risks and challenges that require constant attention for continued success.

To help you meet those challenges, Morgan Lewis is pleased to present the second in a series of programs specifically designed for businesses in Western Pennsylvania, focusing on two timely topics.

The Effect of New Tax Legislation Upon Executive Compensation and Employee Benefits

Topics will include:

• Changes to Code Section 162(m)/excise taxes on excessive annual and “parachute” compensation for exempt organizations
• Changes to fringe benefit tax rules (income inclusion and deductions)
• New rules for 401(k) loans
• Potential to defer taxes on private company stock grants and option exercises
• Changes to withholding (flat rate and the new W-4) and importance of prompt adjustment to withholding
• Impact on clawbacks and other compensation repayments due to elimination of employee itemized deductions

Responses of Organizations to Sexual Harassment Claims and Diversity Challenges in the Workplace

Topics will include:

• Examples of responses to sexual harassment and "#MeToo"
• Proactive recommendations for harassment prevention
• Update on legislative and case law developments regarding sexual harassment
• Crisis management tips
• Discussion of the challenges and benefits of achieving, maintaining, and managing a diverse workforce

Questions? Please contact Steve Perdziola.