Wachtell Lipton's "One-Year Checkup for the New Section 162(m)" includes a checklist of practical tips and reminders for optimizing the company's position under IRC §162(m), as amended under the Tax Cuts & Jobs Act and pursuant to the recently-issued IRS transition guidance (reported on here). The memo includes sound record-keeping, compensation planning, and governance suggestions for the new regime including, e.g., reassessing "executive officer" designations, and retaining §162(m)-related questions in D&O questionnaires and a committee of "outside directors" for grandfathered arrangements.