Webinar: Reasonable Compensation for S Corps

WC915  |  Course  |  Basic  |  Scheduled

Description

Between 2010 and 2020 a parade of Court Cases, IRS Factsheets, Job Aids and Internal Memos, plus Heightened IRS scrutiny and Preparer Penalties has br

Credits

Number of Credits Type of Credits
2.00 Taxes

Designed For

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.

Prerequisites

None

Highlights

The major topics that will be covered in this course include:

  • Explain the payroll tax advantage of taking distributions over wages
  • Review key court cases that shape todays reasonable compensation landscape
  • How to use court factors to stress test reasonable compensation
  • Best practices for determining reasonable compensation
  • Review of the IRS’s enforcement on reasonable compensation; past, present and future

Objectives

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

Preparation

None

Notes

Webinar Day - HELP and Assistance Instructions

  1. The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
  2. We recommend you log in early to ensure you are ready to go when the presentation begins.
  3. IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.

Prices

Member (Early Bird)
$89.00
Non-Member (Early Bird)
$89.00
Member
$89.00
Non-Member
$89.00
Registration for this event has closed. If you have any question or concerns please give us a call at 615-377-3825 or send us an e-mail at registrar@tscpa.com
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