Reasonable Compensation

We help S-Corps and C-Corps avoid audits and provide expert support them when they do occur.

Are you a business owner operating as an S-Corp or C-Corp? Do you value financial security and want to stay ahead of IRS audits? At 2nd Chance Tax Solutions, we understand the complexities of determining reasonable compensation for S-Corp and C-Corp owners. Our specialized service goes beyond traditional tax resolution, offering comprehensive support during audits and helping you proactively prevent them.

Why Reasonable Compensation Matters

Reasonable compensation is critical to IRS compliance for S-Corp and C-Corp owners. It's also a frequent target of IRS audits, with potentially severe penalties if incorrectly calculated. The IRS has even established a dedicated unit to scrutinize reasonable compensation, emphasizing its importance.

Our Key Features

  1. Expert Guidance: Our team of experienced tax professionals has a deep understanding of tax regulations, enabling us to determine your reasonable compensation accurately.

  2. IRS Compliance Assurance: Our calculations are not based on guesswork; they are meticulously crafted using government data and extensive legal research. We're proud to share that not a single one of our reports has ever been successfully challenged.

  3. Proactive Auditing Solutions: Our proactive approach includes helping you establish a reasonable compensation figure that will reduce the risk of being audited in the first place.