Reasonable Compensation for S-Corps
RegisterPaul Hamann
11:00am - 01:00pm MT
12:00pm - 02:00pm CT
01:00pm - 03:00pm ET

Find Your Local Time Zone:
- 10:00 AM - 12:00 PM Pacific Time
- 11:00 AM - 1:00 PM Mountain Time
- 12:00 PM - 2:00 PM Central Time
- 1:00 PM - 3:00 PM Eastern Time
Important: Your webinar access link will come from webinar.host@bigmarker.com.
Between 2010 and 2020 a parade of Court Cases, IRS Factsheets, Job Aids and Internal Memos, plus Heightened IRS scrutiny and Preparer Penalties has brought the issue of ‘Reasonable Compensation for S Corp’s” out of the shadows and placed it forefront as a priority issue for CPA’s, EA’s, Tax and Financial advisors to cover with their clients. We will explore key court cases, IRS guidelines, preparer penalties and some of the obscure tools the IRS has put in place. We debunk common myths and fiction on how reasonable compensation should be calculated and replace it with facts and methodologies that the IRS relies on.
This webinar will:
- 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
Official Registry Statement:
The National Society of Tax Professionals 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.
CTEC Disclosure Statement:
The National Society of Tax Professionals has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual "continuing education" requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at www.ctec.org.
Disclaimer:
Group Internet Based courses are interactive audio-visual presentation courses led by an NSTP Instructor. These courses include a pre-recorded session and may also include PowerPoints slides, a PDF textbook or both.
Although the NSTP has made every effort to ensure the accuracy of the materials and the seminar presentation, neither the author, the presenter nor the National Society of Tax Professionals assumes any responsibility for any individual's reliance on the written or oral information presented during the presentation. Each attendee should verify independently all statements made in the materials and during the seminar presentation before applying them to a particular fact pattern and should determine independently the tax and other consequences of using any particular device, technique or suggestion before recommending the same to a client or implementing the same on a client's or on his or her own behalf.
Administration Policies:
Registration
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- Executive Members who register and do not attend, will be charged the full course price.
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Cancellation
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