Masterclass in Normalizing Compensation
BVR's Interactive Web Workshops
Wednesday, August 26, 2020
10:00am-2:00pm PT • 1:00pm-5:00pm ET
The recording and transcript for this webinar are available to subscribers:
Already a subscriber? Login
- What makes owner pay one of the most interesting topics in business valuation?
- Tips to get started
- Three approaches
- Gathering the facts
- Questions for compensations
- The Factors - 9 examples
- Goodwill - professional or enterprise?
- Comparability data- deep dive
- Other sources of compensation data
- Arm’s length?
- Catch-up pay
- Employee benefits
- Personal guaranty of corporate debts
- Collateral damage
- Case study of a custom home builder
- In-depth analysis of the owner using the market and income approaches
- In-depth analysis of related parties (owner’s gown children) using the cost and market approaches
- When to apply professional judgment: Adjusting compatibility data
- Explore sources of data, defensibility and reliability
- IRS Reasonable Compensation Job Aid
- Suggested readings by the IRS
- IRS Reasonable Compensation Job Aid- deep dive
- Section I: Purpose, Background and Case Coordination
- Section II: Identifying a Reasonable Compensation Issue
- Section III: Developing Reasonable Compensation Issues
- Section IV: Taxpayer Arguments for Reasonable Compensation Issues
- Section V: Consideration of Penalties
- Section VI: Focusing Specifically on Not-For-Profits
- Beware IRS and penalties on appraisers
- Who decides on penalties on appraisers at the IRS
- Example on an estate valuation
- When is it an issue with the IRS?
- What is compensation?
- Fringe benefits, bonuses and incentives
- Market, income and cost approach to reasonable compensation
- Key indicators for market approach
- How to begin finding information
- Review of information
- Sources of information
- Income approach
- Cost approach
- Five common concerns
- Additional thoughts on loans
- Exempt organizations
- Example highlights
- Important take away information
- Learn how the IRS and Tax Court approach reasonable compensation
- Understand how to avoid triggering an audit and how to respond when compensation amounts are challenged
- Know where to find and how to sort compensation comparability data
- Learn how to determine reasonable compensation from national experts in the field
BVR's Training Packs are an indispensable addition to any valuation reference library. Use them as training tools as many times as you'd like, wherever you are: play them at your computer at work or home, in your car, or on your personal audio device.
Delivered as an electronic download approximately four weeks after the program has aired, each Training Pack includes:
- Recordings and transcripts of the presentation
- All presentation visual aids and handouts
- All ancillary reading materials suggested by our presenters
If you are ordering a Training Pack after the four week window, the download link will be sent to you immediately via email. Please check your spam folder and add firstname.lastname@example.org to your “safe list” to ensure you receive your Training Pack.
See BVR's complete list of available Training Packs from past webinars for more information.
BVR's Satisfaction Guarantee
Business Valuation Resources offers a 100% money-back guarantee on our training services. If you are not completely satisfied with your experience, or have any feedback, please contact Business Valuation Resources at 1-503-479-8200 or email@example.com.