The landscape of tax advisory services has many complex challenges, including last-minute legislative changes, compressed deadlines and cyclical high work volume during tax and “busy” year-end seasons.

This session provides a clear path for practitioners to expand their tax advisory offerings, specifically through the lens of owner compensation for S and C Corporations. Attendees will take away tools and strategies for providing elevated levels of service to their clients while positioning themselves as an indispensable advisor to clients armed with a comprehensive understanding of the impact of reasonable compensation on taxation for S Corp and C Corp business owners. Real-world scenarios will show best practices and strategies, allowing attendees to confidently handle IRS regulations in reasonable compensation and ensuring clients' compliance and satisfaction.

Learning Objectives:

• Recognize advisory opportunities in the clients you already have


• Evaluate the critical role Reasonable Compensation plays for S and C Corporations, emphasizing its importance in tax compliance and advisory services


• Identify how to spot and correct common misunderstandings and errors regarding Reasonable Compensation, understanding their implications for IRS scrutiny and potential penalties


• Evaluate a comprehensive toolkit to clarify and secure owner compensation, removing ambiguity and enhancing compliance for your clients