Description
Are you a new advisor handling S Corp clients, or perhaps a seasoned professional facing this common scenario: My S Corp client didn’t take reasonable compensation last year. Now what? Knowing that reasonable compensation isn’t just a tax obligation, but a strategic financial decision, you need to be armed with expert knowledge to help your client navigate this situation. Join us to discuss IRS regulations, understand preventive measures, and address challenges within the year.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objective
After attending this presentation you will be able to...Identify key questions to ask your clients before making an S election to help them stay proactive and make the best entity choiceDetermine proactive measures you can take as an accounting professional to help your clients stay compliant with S Corp regulationsEvaluate scenarios for cash management when reasonable compensation has not been paid, but should have beenRecognize complications and penalties, and leverage early detection to mitigate risks of late payroll tax depositsIllustrate nuances related to health insurance and reasonable compensation, including vision and dental benefits, to optimize tax planning strategies
Credit Types
- Taxes: 1
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Rebroadcast - General (1 hour) | Members | $60.00 |
| Rebroadcast - General (1 hour) | Non Members | $175.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.