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Advisory Opportunities with Reasonable Compensation

Nancy McClelland, CPA The Dancing Accountant

This session was part of Taxposium 2026.
Next up: Boston, June 21-23, 2027,
because there’s no taxation without education.

Reasonable compensation is part compliance, part opportunity. Learn to spot red flags, apply IRS methods and turn this hot-button issue into a money-saving, revenue-building service for your firm and your S-corp clients.

Objectives

Upon completion of this session, you will be able to:

  • Define reasonable compensation and debunk common myths
  • Conduct client interviews to determine the “many hats” S-corp shareholder-employees wear
  • Stress-test your clients' S-corp owner compensation
  • Determine which factors to evaluate when calculating reasonable compensation

CPE

Governing body CPE credits Designation Field of study
IRS 1 AFSP Federal Tax Law Topic
IRS 1 EA Federal Tax Law Topic
NASBA 1 CPA Taxes
CTEC 1 CRTP Federal Tax Law Topic
CFP Board 1 CFP® N/A

Details

Duration: 50 minutes
Course level: Intermediate
Prerequisite:  Basic understanding of S corporation taxation
Advanced preparation: None
Delivery method: Group Live