The Insider's Guide to Reasonable Compensation: S Corporation Reasonable Compensation and IRS Enforcement

Eric has spent his career advocating for his clients. He has published dozens of peer-reviewed articles and books, as well as given numerous talks and workshops around the world. He has also developed and implemented several advisory service models that help tax advisors become more efficient and profitable. In this book, Eric shares his insights and wisdom on how to identify common reasonable compensation risks and address them proactively, how to successfully navigate reasonable compensation challenges and protect yourself from steep preparer penalties. He also debunks some of the most common myths surrounding reasonable compensation and sets the record straight, separating fact from fiction. This book is not only informative and comprehensive, but also engaging and entertaining. Eric has a knack for writing in a clear and concise manner, with a touch of humor and warmth. Eric takes you through the profits and pitfalls of advising your clients on reasonable compensation. I have learned a lot from Eric over the years, both as a colleague and as a friend. He has been a source of inspiration and knowledge for me, as well as for many others who have crossed his path. He is one of the grooviest people I know, and he practices what he preaches. If you are looking for a book that will help you better grasp the complexities of reasonable compensation and how to advise on it accurately and profitably, then this book is a must read.