Reasonable Compensation for S Corps and Partnerships - Shifting Undercurrents and Brand New Consequences (2 hours)

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Apr 1, 2020

Registration: 8:30 AM / Program: 9:00 AM - 11:00 AM

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

The playing field is shifting much more dramatically than meets the eye for owners of pass-through entities. Employment tax undercurrents are on the move. Wholly different income tax implications are in play. How to plan? Take our new 2 hour course and find out.

Designed For

CPAs and others desiring an update as to effective income tax and employment tax planning for closely held business owner compensation

Objectives

  • To take a practical fresh new look at reasonable compensation for owners of S Corps and partnerships and reevaluate related planning

Major Subjects

  • How planning to save employment taxes for S corps is on the chopping block 
  • How recent cases, regs and rulings have shaken, but not broken, planning to reduce SE tax of a partner 
  • Profound insights from IRS’s new Partnership and SE Tax Concept Unit
  • How compensation of owners plays against income tax (under §199A)
  • A alternative (?) to paying comp from a partnership
  • How reasonable comp in other contexts is also shifting in light of wholly new developments
  • To learn how the courts are increasingly using “cut and paste” lego-type pieces to sort the differences between compensation, loans, dividends and distributions

This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.