Equifax Workforce Solutions Expert to Share Strategies for Preventing Clawbacks at 2012 Credits and Incentives Symposium


Angela Lockman, vice president of Tax Credits and Incentives for Equifax Workforce Solutions (formerly TALX), a leader in human resource services

Will present a session at the Institute for Professionals in Taxation’s (IPT) 2012 Credits and Incentives Symposium titled “Preventing Clawbacks: Developing a Game Plan and Internal Guidance.”

The conference will be held from Sunday, October 21 — Wednesday, October 24, 2012.

Lockman will deliver her session on Tuesday, October 23 from 11:10 a.m. to 12:25 p.m.

Credits and Incentives Symposium
Buena Vista Palace Hotel
1900 E Buena Vista Drive
Orlando, Fla.

As financial organizations continue to recover from the economic collapse, the prevalence of clawback provisions, in which companies are able to withdraw or recover erroneous bonuses given to their top executives, has grown rapidly. However, increased focus on accountability and transparency among state and local jurisdictions heightens the significance of managing risks associated with clawback provisions.

During this session, Angela Lockman, vice president of Tax Credits and Incentives for Equifax Workforce Solutions, joins with Alice Nolen, tax consultant, State Tax Credits & Incentives and Unclaimed Property for Experis, to share valuable insight into how organizations can develop strategies to prevent clawbacks. They will discuss how to navigate clawback clauses up front, implement best practices to avoid triggering events, consider the impact of clawbacks on project economics and proactively modify agreements to address potential shortfalls.

Attendees of this session will learn how to summarize current trends and legislative activities that may impact their businesses, recall common clawback clauses embedded in incentives agreements, examine the impact of internal and external factors contributing to short-term and long-term project economics, and assist in negotiating clawback clauses beneficial to all parties. Additionally, participants will return to their organizations with best practices for ensuring that contractual obligations are met and strategies for renegotiating or modifying agreements.

Managers, executives and tax personnel attending the 2012 Credits and Incentives Symposium who wish to learn how they can develop an internal plan for preventing clawbacks are encouraged to attend this session. More information about the conference, including registration details and full conference program can be accessed at: http://www.ipt.org/learncenter.asp?id=178410&page=22

About Equifax
Equifax (NYSE: EFX) is a global leader in consumer, workforce and commercial information solutions, that provides businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 500 million consumers and 81 million businesses worldwide, and uses advanced analytics and proprietary technology to create and deliver customized insights that enrich both the performance of businesses and the lives of consumers. Equifax Workforce Solutions (formerly TALX), an Equifax business unit, is a leader in human resource, employment, tax management, and payroll-related services.

Headquartered in Atlanta, Equifax operates or has investments in 18 countries and is a member of Standard & Poor’s (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. For more information, please visit www.equifaxworkforce.com or www.equifax.com.