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TCJA Impact on Reasonable Compensation for S Corp Shareholder-Employees. - Video CourseCode: 20-COMPVID
Price: $29.95
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Course Details
2 Hr Video Self-Study
Description:
A broad overview of the reasonable compensation rules, including
up-to-the-minute changes. Then, we'll cover how the Tax Cuts and Jobs Act
affects decision-making in grey areas, and how to determine the optimum amount
of compensation (within a reasonable range) for S corporation
shareholder-employees.
We'll compare S corporations vs. LLCs under the new tax act. When do S corporations provide greater qualifying
business income deductions (20% passthrough deduction) and when they provide
less.
Topics Covered
- Reasonable
compensation case law.
- When to pay less compensation to increase the 20%
passthrough deduction.
- When to pay a
shareholder employee more
compensation to increase the 20% passthrough deduction.
- What amount of wages
optimizes the 20% passthrough deduction.
- When are S
corporations better choices for reducing overall taxes and when aren't they.
- What is the "cost" of paying less in payroll taxes.
Learning Objectives
· · Learn how determine "reasonable compensation" for S corporation shareholders.
·
Apply the reasonable
compensation rules in specific settings.
·
Learn to maximize S
corporation shareholders' 20% passthrough deduction.
·
Apply a formula to
determine the optimum amount of wages to maximize the 20% passthrough
deduction.
·
Adjust reasonable
compensation (within a reasonable range) to maximize the 20% passthrough
deduction.
Presentation Method: QAS Self-Study
Category: Taxes
CPE credit: 2 Hours
Program Level : Update
Prerequisites : None
Advance Preparation: None
Exam expiration date: Participants must submit exams for grading within one year from the date of purchase
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NASBA Sponsor number 108096

$29.95
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