
This session discusses many considerations regarding tax compliance for S corp shareholders' reasonable compensation. With examples and details to understand the critical components of this compliance; services provided by the shareholder in relation to services performed by other employees, profit of the S corp, other earned income of the shareholder, shareholder distributions and other considerations. Also, review other issues the IRS considers in a reasonable comp audit; determining reasonable salary from nationwide data, return on capital invested, and distributions recorded as loans. Learn strategies to support lower salaries and understand evaluating the exposure risk for clients.
"Our best deal is always to become a monthly subscriber"
*Self-Study recording not available for NASBA CPE credit.
NASBA Field of Study: Taxes
IRS Program #: 7Q3WU-T-
CTEC Course #: 6248-CE-

Jane Ryder, EA, CPA is a national speaker on many accounting, tax, and business compliance topics. She runs her CPA firm, Brass Tax Ryder Professional Group, Inc.in San Diego, California. Brass Tax (not affiliated with Brass Tax Presentations) has been providing tax and accounting services since 1980.Brass Tax is a business centric practice, preparing and consulting on the preparation of Corporations, S corporations, LLCs, Partnerships, and Trusts. She also specializes in IRS and state agencies collections, audit appeals, offers in compromise, and other compliance related matters.