TCJA Impact on Reasonable Compensation for S Corp Shareholder-Employees. - Video CourseCode: 20-COMPVID

Price: $29.95
Add to Cart

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

For more information regarding refunds, complaints, or cancellation policies, please contact our offices at 817-477-0222.

American CPE, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors at their website, www.learningmarket.org

NASBA Sponsor number 108096

Processing...
$29.95

No reviews yet.