More time for 409A compliance.

The IRS has extended the deadline for taxpayers to bring documents into compliance with the final nonqualified deferred compensation regulations under IRC Sec. 409A.

IRS Notice 2007-78 extends the document compliance deadline from Dec. 31, 2007, to Dec. 31, 2008, and provides additional limited transition relief, but does not extend the Jan. 1, 2008, effective date of the final regulations.

Read more at www.irs.gov/newsroom/article/0,,id=173791,00.html.