Webinar: What If Your Client Didn't Take Reasonable Compensation

WC2760  |  Course  |  Basic  |  Scheduled

Description

Are you a new advisor handling S Corp clients, or perhaps a seasoned professional facing this common scenario: "My S Corp client didn't take reasonabl

Credits

Number of Credits Type of Credits
1.00 Taxes

Designed For

CPA & EA practitioners who advise S Corps on the issue of Reasonable Compensation who are interested in learning about what to do if a client didn't take reasonable compensation in a previous year.

Prerequisites

None

Highlights

The major topics that will be covered in this course include:

  • Review best practices to help your client evaluate if an S election is an appropriate choice
  • How to be proactive and head off common reasonable compensation issues before they happen
  • Explore strategies for cash management if cash isn't available at year end
  • Explore what’s at stake when reasonable compensation isn’t paid timely

Objectives

After attending this presentation you will be able to...

  • Identify key questions to ask your clients before making an S election to help them stay proactive and make the best entity choice
  • Determine proactive measures you can take as an accounting professional to help your clients stay compliant with S Corp regulations
  • Evaluate scenarios for cash management when reasonable compensation has not been paid, but should have been
  • Recognize complications and penalties, and leverage early detection to mitigate risks of late payroll tax deposits
  • Illustrate nuances related to health insurance and reasonable compensation, including vision and dental benefits, to optimize tax planning strategies

Preparation

None

Notes

Webinar Day - HELP and Assistance Instructions

  1. The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
  2. We recommend you log in early to ensure you are ready to go when the presentation begins.
  3. IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.

Prices

Member (Early Bird)
$55.00
Non-Member (Early Bird)
$55.00
Member
$55.00
Non-Member
$55.00
Your Price: $55.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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