Reasonable Compensation for S Corps
Description
Objective
After attending this presentation you will be able to... Identify the basic advantages of Distributions V. Salary/Wages Assess the consequences of an IRS re-characterization of distributions Review Reasonable Compensation in the courts Select the IRS guidelines for determining Reasonable Compensation Determine when Reasonable Compensation applies to your client Illustrate advanced scenarios Examine Tips from the pros and IRS Red Flags Study why Reasonable Compensation has become a priority for the SB/SE division of the IRS Identify options for determining Reasonable Compensation
Attendee Information
Paul Hamann
Required Knowledge
None
Who Should Attend
CPA & EA practitioners who advise S Corps on the issue of Reasonable Compensation who are interested in learning about current IRS guidelines, and solutions for advising their clients on the issue of Reasonable Compensation.
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