Reasonableness of employee/shareholder compensation is often one of the first issues scrutinized by the IRS during an examination. Download this practice guide to learn about areas of concerns such as:
Closely-held companies that are established as C corporations need to be aware of possible unreasonable/excessive compensation issues for their shareholder-employees.
S corporations need to be aware of possible underpayments of compensation to their shareholder-employees to avoid payroll and unemployment taxes.
Not-for-profit organizations need to be aware of issues related to