Course

Tax Summit – Reasonable Compensation

Member $60. Non-Member $100

2 IRS/CTEC Hours

Virtual

Upcoming Sessions

Register On-Demand Here

Both S corporations and C corporations must generally pay reasonable compensation to shareholder-employees. This course will discuss the reasonable compensation issue for both entity types using case law as a foundation for determining the proper amount. In addition, the class will focus on reasonable compensation as a tax planning strategy, including impacts on other tax benefits, such as the §199A deduction.

Learning Objectives

  • Describe how the reasonable compensation requirement applies to S corporation shareholders.
  • Describe how the reasonable compensation requirement applies to C corporation shareholders.
  • Apply case law principles to determine appropriate reasonable compensation amounts.
  • Calculate how reasonable compensation impacts the tax outcomes of both the corporation and the shareholder.
About the Instructor

Thomas A. Gorczynski, EA, USTCP

Thomas A. Gorczynski, EA, USTCP is a Phoenix-based tax professional whose practice specializes in tax preparation, planning, and representation. He earned an MS in Taxation from Golden Gate University and a certificate in Finance and Accounting from the Wharton School at the University of Pennsylvania. He serves on the NTPI Planning and Government Relations Committees. Mr. Gorczynski is a nationally-known speaker in the tax field and co-owner of Compass Tax Educators.

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