Top 10 Reasonable Compensation points
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Top 10 Reasonable Compensation points to discuss with your Clients before December 31st
- December 1, 2015
- Posted by: RCR Admin Team
- Category: Archived
By Paul S. Hamann & Jack Salewski, CPA, CGMA
With tax planning in full swing, we have compiled a Top Ten To Do List.
1. Determine an Accurate Reasonable Compensation figure for Every Client. Without an accurate reasonable compensation figure, the rest of tax planning is just a guess.
- Research and documentation is the best practice. If you don’t have a simple, economical and efficient solution for determining your client’s Reasonable Compensation figure, check out RCReports – industry-leading software for determining Reasonable Compensation for Small Business Owners and shareholder-employees of S Corps.
