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Determining reasonable compensation for closely-held small and medium sized businesses is not a magical or mysterious process. In fact it is a straight forward process that relies on a basic understanding of the three different methods for determining reasonable compensation and when and where they apply. Join Stephen Kirkland and Paul Hamann for this rewarding and rich session. Practitioners armed with this knowledge and the proper tools can easily determine reasonable compensation for any company. In addition, see a demo of RC Reports software in action.
Program Agenda
Approaches
Cost approach for determining reasonable compensations
Market approach for determining reasonable compensations
Income approach for determining reasonable compensations
Case studies for each approach
Assess when and where each approach should be used
Adjustment to one of the approaches may be warranted
Resources for defending a reasonable compensation opinion
RC Reports software demo
Learning Objectives
List the approaches for determining reasonable compensation
Describe when and where each approach should be used
Identify when an adjustment to one of the approaches may be warranted
Identify resources for defending a reasonable compensation opinion
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