What’s Included in Your $250 Report
- A documented S-Corp Reasonable Compensation Report
- A salary analysis based on your role, location, business activity, and work performed
- A professional report generated through RC Reports
- Support for your payroll and compensation decision
- A report you can keep with your tax records
- No appointment required
- No consultation required
- No vague “ask your CPA” answer
A look at what your report includes
Your report is built on the Cost Approach, the method best suited for small business owners who wear multiple hats. Here’s what you’ll find inside, page by page.
Task Category
Categories of tasks completed by the owner across the business.
Standard Tasks & Proficiency
Common small-business tasks paired with your proficiency level for each.
Reasonable Compensation
Your suggested salary figure based on the tasks you actually perform.
Compensation Details
Detailed breakdown of the wage tied to every task the owner performs.
Percentage of Time & Annual Hours
Annual percentage of your time spent on each task and total hours worked.
Reasonable Compensation Figure
- The salary range for your industry and location
- A suggested reasonable compensation figure
- A breakdown of how you spend your time in the business
- How your compensation is affected by each task you perform
Compensation Details
- Detailed breakdown of compensation tied to each task
- Task category and standard tasks with proficiency level
- Any specialized tasks specific to your business
- Percentage of time, annual hours, hourly wage, and annual compensation per task
Business Summary
- Owner name and business name
- Calendar year covered by the report
- Location used for the wage data
- Total annual hours worked
- Date the questionnaire was completed
Supporting Documentation
- How the reasonable compensation figure was calculated
- Methodology description for the approach used
- The data sources behind the salary range
Additional Details & Resources
- Other considerations before finalizing your figure
- Additional information for S-Corporation owners
- Resources to help you understand the figure
Task Descriptions
- Detailed description for every task selected during the questionnaire
- Plain-English explanation of what each role does
Sample Language for Corporate Minutes
- Ready-to-use language to add the report to your corporate minutes
- Adds an additional layer of defensibility to your figure
Built On RC Reports — The Platform Tax Professionals Use.
This report is generated through RC Reports, a professional reasonable compensation reporting platform used by tax professionals to help determine and document S-Corp owner compensation.
- Reasonable compensation reports in minutes after the questionnaire is completed
- Reports using recognized reasonable compensation methodology approaches
- Wage data across thousands of occupations
- Supporting documentation for the compensation figure
- A structured process instead of guesswork
$250 Report vs. The Usual Options.
Most S-Corp owners either pay a firm a lot for a full engagement — or guess. There's a third option.
Same RC Reports methodology the pros use — without the price tag of a full advisory engagement.
Many Firms Charge Hundreds — Sometimes Thousands — For This Type of Analysis.
Reasonable compensation reports are commonly offered by tax and advisory firms as part of S-Corp compliance or advisory packages. This page gives S-Corp owners a simple, direct way to get a documented report through RC Reports for $250.
- RC Reports questionnaire
- Documented report
- Fast report generation after questionnaire completion
- No appointment required
In partnership with RC Reports. No subscription.