Content Provider
Rcreports
Additional Materials
Sample Report
Sample Entity Planning Report
Advisory Pricing
Webinar Technical FAQs
Free cpe webinars
How to Calculate Reasonable Compensation: RCReports Demonstration

HOW TO CALCULATE REASONABLE COMPENSATION: RCREPORTS DEMONSTRATION

Cost Free
Presentation Length 1.0 hour

Recorded DateSeptember 24, 2024
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

In this product demonstration webinar, we will show you how RCReports can help you accurately determine Reasonable Compensation by using IRS guidelines and independent wage data. This process not only ensures compliance but also strengthens the support for your compensation decisions, reducing audit risk for your clients. We will also demonstrate how RCReports can streamline entity selection, helping your clients save money while adhering to best practices. You'll learn how to address common challenges, such as situations where an S Corp owner can't afford to pay Reasonable Compensation and explore how RCReports can open new advisory service opportunities, enhancing the value you offer. By integrating RCReports into your practice, you can improve accuracy, efficiency, and client trust, all while accessing resources to further educate both yourself and your clients on this critical topic. 

Learning Objectives:


  • Recognize why accurate Reasonable Compensation is vital for compliance, tax optimization, and reducing audit risks

  • Present how RCReports helps determine Reasonable Compensation using IRS criteria and independent wage data, ensuring robust support for your decisions

  • Identify methods for selecting the optimal entity type for your clients, maximizing tax savings and ensuring compliance

  • Determine how to leverage RCReports to offer new advisory services, enhancing the value you provide to your clients

  • Outline strategies for situations where an S Corp owner cannot afford to pay Reasonable Compensation

Not logged
PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin
Rcreports

Rob is an ambitious sales leader who has a proven track record of successfully building teams within the startup world. Throughout his career, he has shown a strong commitment to creating and implementing sales strategies from the ground up while coaching, managing, and supporting fast-growing sales teams. Outside of the sales world, Rob enjoys hitting the golf links and cheering on his Clemson Tigers.

About Our Presenter

Rcreports
RCReports is a tool for Tax and Financial advisors to determine Reasonable Compensation for a client. RCReports provides a defensible position to an IRS challenge (for S-Corps), and is an excellent planning and valuation tool. RCReports synthesizes a proprietary blend of IRS criteria, Court Rulings, geographic data and our EXCLUSIVE database of wages to accurately assess Reasonable Compensation for S Corp, Small & Closely Held Business Owners.