Ruth Wimer, Esq., certified public accountant (CPA), focuses her practice on matters related to executive compensation, including international, fringe benefits, personal use of employer aircraft, and qualified and nonqualified deferred compensation.
Ruth has extensive experience advising clients on complex compensation issues, including reporting and withholding. She has deep industry knowledge with respect to incentive compensation and multibillion-dollar fee deferral issues for hedge funds and private equity firms. She advises on large deduction timing issues in connection with mergers and acquisitions. Her practice includes structuring optimum ownership of business aircraft, factoring in deduction and income inclusion for personal use, excise tax, depreciation, Securities and Exchange Commission (SEC) and Federal Aviation Administration (FAA) issues. Ruth frequently resolves a gamut of compensation issues such as employment taxes, stock options, Section 162(m), Section 83, deduction limitations, the entertainment disallowance and a wide variety of fringe benefits, including health insurance.
In addition to authoring leading articles on tax topics, Ruth speaks frequently on compensation subjects, including for the American Bar Association (ABA), the American Institute of Certified Public Accountants (AICPA), the National Business Aviation Association (NBAA), the Federal Bar, the Greater Washington Society of CPAs (GWSCPA), Insight and the Firm’s widely attended client seminars.
Previously, Ruth spent nearly 30 years as a senior partner in the national tax department of a Big Four accounting firm, where she was the firm resource on executive compensation, reporting issues, personal use of company aircraft, and nonqualified deferred compensation. Earlier in her career, she served as a tax law specialist with the Internal Revenue Service.