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CSTC Academy: Wednesday Webinar Series - Reasonable Compensation for S-Corp Shareholders & Officers
Wednesday, October 27, 2021, 10:00 AM - 11:40 AM PST
Category: Wednesday Webinar Series


Reasonable Compensation for S-Corp Shareholders & Officers
Wednesday, October 27, 2021
10:00 AM to 11:40 AM

Cost: Member: $40 / Non-Member: $70

Speaker: Jane Ryder, EA, CPA
2 Federal Tax Law Hours
IRS: 18QC1-T-01507-21-O
CTEC: 1000-CE-4908

Session Description:
This session discusses many considerations regarding tax compliance for S-Corp shareholders' reasonable compensation. With examples and details to understand the critical components of the reasonable compensation requirements; services provided by the shareholder in relation to services performed by other employees, profit of the S-Corp, other earned income of the shareholder, distributions paid to the shareholder 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 evaluate the exposure risk for clients.

Knowledge Level: Basic

Learning Objectives:

#1: Learn the main components of shareholder reasonable compensation regs and how to evaluate an entity's reasonable compensation obligations under tax law.

#2: Improve your skills related to advising clients on the best level of compensation for each shareholder to meet compliance requirements while also helping the client maximize other benefits such as funding pensions, maximizing QBI, allocating profits among shareholders and more.

#3: Receive our worksheets for S-Corps related to year end planning for reasonable comp, pension funding, year end tax planning and other important components of shareholder compensation. Other samples and strategies for defending clients in a reasonable comp audit and supporting the positions taken related to reasonable compensation for federal and state taxes.

Jane Ryder, EA, CPA

Jane Ryder, EA, CPA has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm and writes and speaks on many income tax, business compliance and accounting topics. Jane has a business centric practice, preparing and consulting on tax, accounting, and compliance matters for Corporations, S-corporations, LLC’s, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment plans, audit representation, audit appeals, offers in compromise, and other compliance related issues. She earned a BS in Business Administration (Accounting) from SDSU and is currently licensed with the California State Board of Accountancy and admitted to practice before the the Internal Revenue Service as an Enrolled Agent.