Reasonable Compensation Analysis
Reasonable Compensation Analysis Services
Reasonable Compensation Analysis is the process of determining and documenting fair compensation for business owners or employees. The IRS requires S corporations to pay reasonable wages for services rendered to comply with tax regulations.
How KenWood & Associates Can Help
Our process includes:
Understanding Your Business: We analyze your role, responsibilities, and contributions.
Market Research: We use industry-specific data to benchmark reasonable compensation.
Custom Report Preparation: A detailed report that can stand up to IRS scrutiny.
Why Choose KenWood for Your Reasonable Compensation Needs?
Trusted Expertise: Our team has a deep understanding of tax regulations and compensation standards.
Personalized Service: Every report is customized to reflect your unique business needs.
Audit-Ready Documentation: Be prepared in case of an IRS audit with our defensible, data-backed reports.