What If Your Client Didn't Take Reasonable Compensation (C62339)

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Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

05/03/2024

Registration Open:

12:00 AM - 8:00 AM

Time:

8:00 AM - 9:00 AM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

1.00

Field(s) Of Study:

Taxation (1.00)

Level of Knowledge:

Basic

Price:

Member: $55.00
Nonmember: $75.00

Individual Discounts:

Not Available

Overview

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

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&rsquo:s at stake when reasonable compensation isn&rsquo:t paid timely

Speaker(s)

Prerequisites

None