Reasonable Compensation for Shareholder–Employees of S Corps

When: On Demand
Cost: Complimentary
CPE Credits: 2.0
Format: QAS Self Study
Subject Area: Taxes
Course Level: Basic
How to Register: http://rcreports.cpaacademy.org/self_study_show/a0D2S00000i33TNUAY
Prerequisites: None
Advanced Preparation: None
Who Should Attend: CPA practitioners who advise Shareholder-Employees of 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.

Course Description:  Between 2010 and 2013 a flurry of court cases and IRS enforcement brought the issue of ‘What is Reasonable Compensation for a Shareholder-employee of an S Corp out of the shadows and placed it forefront as a priority issue for CPA’s, Tax and Financial advisors to cover with their clients. There are tools today that take the guesswork out of determining Reasonable Compensation and help build rapport and trust with your clients.

Learning Objectives:

  • Demonstrate the basic advantages of Distributions V. Salary/Wages
  • Assess the consequences of an IRS re-characterization of distributions
  • Review Reasonable Compensation in the courts
  • Discuss the IRS guidelines for determining Reasonable Compensation
  • Determine when Reasonable Compensation applies to your client
  • Explain advanced scenarios
  • Review Tips from the pros and IRS Red Flags
  • Review why Reasonable Compensation has become a priority for the SB/SE division of the IRS
  • Identify options for determining Reasonable Compensation

Presented by: Paul S. Hamann

Paul is the Founder and President of RCReports, Inc., a software firm that develops Reasonable Compensation tools for the accounting industry. Paul has been the visionary behind the creation of RCReports.com, the first online application for establishing Reasonable Compensation for Small Closely–Held Business Owners

For the past 18 years, Paul has been consulting on the issue of compensation as an executive recruiter and small business consultant. Paul has started and led several successful businesses since graduating from the University of Colorado, Boulder – School of Business with a Bachelor’s degree in Small Business & Entrepreneurship.

Refund Policy
If you are unable to attend a webcast or live event, you may cancel up to three days before the event and receive a full refund. Cancellations made less than three days prior will be refunded the course fee, less a $25 administrative fee. No shows (or cancellations made after the start of the program) will forfeit the entire registration fee.

Program Cancellation
Every effort will be made to conduct professional development programs sponsored by RCReports, Inc. that have been advertised. In the unlikely event that such a program needs to be cancelled for any reason, RCReports, Inc. will notify all registered participants via email, letter or phone of the cancellation and will issue them a full refund. Additional notices of the program cancellation will be made through appropriate means such as Association website, newsletter, or broadcast email.

Complaint Resolution
RCReports, Inc. is committed to client satisfaction and will make every effort to resolve complaints as quickly as possible. Please contact Paul Hamann:
By email: phamann@RCReports.com
Phone: 720-833-7399
Or in writing:
RCReports, Inc.
1315 S. Clayton St. #200
Denver, CO 80210.



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