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

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) 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.

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