Enhanced IRS Scrutiny of Compensation in Closely-Held Businesses (Video Included)

The IRS is stacking-up victories in its attack against compensation arrangements of closely-held business, with C corporations, S corporations, and partnerships all potentially facing an IRS challenge. Now is the time to engage your owner-operated business clients in a discussion about compensation and ways to potentially enhance existing arrangements and bolster defenses in the event of an IRS challenge. Click here for a video clip of Anthony Daddino, where, as a part of a larger presentation on compensation arrangements for closely-held businesses, Anthony offers some practical considerations in establishing reasonable compensation.

If you have any questions regarding compensation arrangements for closely-held businesses or any other tax topic, please do not hesitate to contact me at 214-749-2464 or email me at adaddino@meadowscollier.com.