“Determinations of what constitutes reasonable compensation are always a challenge for business valuation professionals where normalization adjustments are required to the subject economic benefit stream being used in conjunction with applicable income and market methodologies. Reasonable compensation determinations have also become a larger focus for practitioners working with buy sell agreements, C and S corporation tax planning and in the context of practice management consulting opportunities to professional services firms,” declared Ron Seigneur, MBA, CVA, CPA/ABV (Seigneur Gustafson LLP in Lakewood, CO), moderator of BVR’s July 9th teleconference on Reasonable Compensation.
Join Ron and his stellar panel of experts, including Sharyn Maggio CPA/ABV (Maggio & Company), Stacey Udell CPA/ABV, CVA (Gold Meltzer Plasky & Wise), and Jim Andersen CPA/ABV, ASA (Andersen & Company LLP). You’ll learn what reasonable compensation is, factors that determine reasonable compensation, where you can find information about it and what’s included in the information, how reliable that information is and takeaways from a tax court case analysis. As a special to BVWire readers, Ron has generously provided an article co-authored with Kevin Yeanoplos, CPA/ABV, ASA (Brueggeman and Johnson Yeanoplos, P.C. in Seattle, Washington) titled What is Reasonable Compensation?—get your copy here. Join Ron and his panel of experts next week on Wednesday, July 9th at 10 am PT. To register for the conference, click here.
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