New York, NY, August 25, 2007 --(PR.com
)-- The Knowledge Congress, the leading producer of regulatory focused teleconferences has announced today that Kenneth J. Kies, Managing Director of Federal Policy Group will speak at the Knowledge Congress’ upcoming teleconference entitled: “Section 409A: Equity Based Compensation Final Regulation.” This 2-hour event is scheduled for September 6, 2007 at 1:00 PM (EST). (For updated details of the event and list of panelists, please visit: www.knowledgecongress.org)
The final regulation for Section 409A has been issued and companies are given a compliance deadline before December 31, 2007. The new law covers public and private companies from single to multiple employees and contractors. Now is a time to review all equity based compensation plans and arrangements as there may be significant penalties for noncompliance.
The Knowledge Congress has assembled a team of experts to help companies understand the new regulations and analyze the changes and their impact on the companies servicing the industry. These experts will present their findings, which includes a "best practice" panel at a comprehensive two-hour live teleconference.
About Kenneth J. Kies
Kenneth J. (Ken) Kies is Managing Director of the Federal Policy Group, a division of Clark & Wamberg LLC. The Federal Policy Group provides sophisticated strategic and technical tax advice on tax policy matters before the Congress, the U.S. Treasury Department, the Internal Revenue Service, and the OECD.
Mr. Kies has delivered significant legislative and regulatory results for his clients, which include major corporations, trade associations, and coalitions of companies with common objectives. Mr. Kies has led coalition efforts to enact legislation responding to the World Trade Organization’s ruling against U.S. foreign sales corporation benefits, to avert enactment of broad “corporate tax shelter” legislation that would have an adverse impact on legitimate business transactions, and to reverse Treasury regulations targeting “hybrid” arrangements of U.S. multinational corporations, among other projects. Among Washington “lobbying” firms, the Federal Policy Group has grown to sixth largest in terms of revenues.
Prior to the acquisition of the Federal Policy Group by Clark Consulting in February 2002, Mr. Kies was Co-Managing Partner of the Washington National Tax Services office of PricewaterhouseCoopers LLP.
Prior to joining PwC, Mr. Kies served as the Chief of Staff of the Congressional Joint Committee on Taxation from January 1995 until January 1998. During his tenure as Chief of Staff of the Joint Committee on Taxation, Mr. Kies oversaw development of major tax legislation, including the Taxpayer Relief Act of 1997, the Small Business Job Protection Action of 1996, and the Health Insurance Portability and Accountability Act of 1996.
He also led international delegations and also held numerous bilateral discussions in Washington with a wide variety of tax officials representing other foreign countries.
About Federal Policy Group
The Federal Policy Group, a division of Clark & Wamberg LLC, provides a variety of federal legislative and regulatory strategic services on behalf of its clients. Federal Policy Group develops and implements strategies to pursue legislative changes; anticipate and respond to proposed legislative initiatives; help shape administrative regulations and rulings; and raise the visibility of clients through testimony before Congress and other avenues. Key practice areas include taxation, trade, and health care.
The Federal Policy Group is ranked among the top Washington lobbying firms. Federal Policy Group team members have valuable longstanding experience working with all levels of government and Members of Congress on both sides of the political aisle.
For more information about Kenneth J. Kies and Federal Policy Group, please visit: http://www.fpgdc.com/main.htm
About The Knowledge Congress
The Knowledge Congress is an organization that produces teleconferences that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour teleconferences to study the impact of changing regulations.” To contact or to register to an event, please visit: www.knowledgecongress.org.