#07: Criteria for Setting Your Compensation

For Owners, Executives, and Family Employees of Closely Held Businesses

The questions: How do you set and justify your annual salary? What are the 12 principal criteria for setting your compensation? How do you set salaries for your spouse or other family members? How do loans, company performance, salary history, and ownership positions affect compensation? How do you avoid salary challenges from the IRS and other company owners? What happens if part of your salary is determined to be unreasonable or excessive? What are the 10 actions you should take to avoid compensation problems and questions?

The answers to these questions are in this Resource Report. Use it to establish your annual compensation and defend it from challenges by the IRS or other owners and executives.

Other topics: Loans to and from the company, compensation through affiliated companies, the company's capacity to pay dividends, arm's-length and related-party rules, constructive receipt of income, compensation and form of business, discrimination rules, and salary continuation and deferred compensation plans.

Price: $39.00   |   Pages: 15