PRE-SALES OPEN FOR A LIMITED TIME FOR FFF ALUMNI ONLY

Introducing the

RC Report: Reasonable Compensation

Study & Report with Jamie Trull

for S Corp Owners 

Get Started Today

If you're an S Corp owner who actively works in your business (as most of us do!) you're required to pay yourself a "reasonable salary"  via W-2 wages. 

 

Many S Corp owners usually aim to reduce their reasonable salary as much as defensible, because this helps to reduce self-employment taxes (which is the main reason most LLCs elect to be taxed as S Corp). Any profits above and beyond your reasonable salary don't have self-employment taxes removed, which saves about 15.3% in taxes...not chump change!

But, before we start setting absurdly low salaries for ourselves (or even no salary...yikes!), we also must remember that the IRS is fully aware of this strategy to reduce taxes...and they can (and will) come-a-knocking.

And even if we set our salary with the best of intentions, the IRS can STILL tell you it isn’t high enough and assess penalties and interest in an audit.

So, what's a small biz owner to do?

 

You COULD set a high reasonable compensation to protect yourself and potentially pay thousands more in taxes than you need to. But even then there is no guarantee you won’t have fines and penalties if the IRS doesn’t agree.

OR…

You can protect yourself and your pocketbook by getting a custom report that estimates and supports your appropriate reasonable salary, keeping tax savings top of mind.

You Might Be Saying...

 

"But I’ve been fine until now…do I really need this?"

Reasonable Compensation support is one of those things you don’t feel like you really need…until you do.

 

Accountants have seen a recent uptick in the number of challenges to Reasonable Compensation as of late.  And with an additional $80 Billion in funding for the IRS recently passed (enough money to hire 87,000 new agents), most professionals expect these challenges to continue to increase.

 

Unfortunately, it can be difficult to “go back in time” and adequately support your reasonable compensation once you are actually under audit. The BEST thing you can do is be proactive and obtain a Reasonable Compensation Study & Report in real-time.  This can help you both set your Reasonable Compensation AND support it if you were ever audited. 

 

As with anything IRS-related…it’s better to be safe than sorry!

About the Reasonable Compensation Study and Report:

We’ve partnered with RC Reports, the premier company in reasonable compensation, to provide you with a quality report to support your S Corp owner wages.

  • The report is fully custom using answers you provide via an online survey of your job duties.
  • It is perfect for those who wear “many hats” in their business, such as sales, marketing, back-office, Manager, HR, admin, etc. 
  • Using your answers and business location, data will be pulled from the most current Bureau of Labor Statistics, Census Bureau, and RC Reports wage database to estimate your reasonable salary
  • The report will detail all relevant data used, including charts and graphs showing your job duty and compensation breakdown
  • The report results will also be reviewed by a CPA (Jamie Trull), and any recommendations or observations will be sent to the user 
  • RC Reports has a 100% record of salary calculations being upheld during an audit
  • The report will give you peace of mind knowing you won’t have to pay tons of back taxes and fees because of a salary reclassification AND that you aren’t paying more in taxes than you need to!

Reasonable Compensation Study & Report

$400

BEST VALUE

$700

Get started with the Reasonable Compensation Study & Report today! It includes: 

  • A detailed Reasonable Compensation Study and Report that will provide a fully customized owner salary analysis and IRS-proof documentation.
  • A full review of your report by a CPA (Jamie Trull) with observations and suggestions provided.
GET YOUR PERSONALIZED REPORT NOW
How to calculate reasonable compensation

How It Works

The Reasonable Compensation Study and Report uses the “Many Hats” approach to setting a reasonable salary, which is the method preferred by the IRS for business owners who perform several functions within their business (as most small and micro-business owners doa).


The "Many Hats" method of determining acceptable pay for an S Corporation owner involves taking into account all of the many tasks and duties that the owner fulfills within the company, as well as their relative level of proficiency at those tasks. This strategy acknowledges that S Corporation owners frequently wear several hats, handling a variety of jobs from management and administrative responsibilities to hands-on work in the day-to-day operations of the organization. The "many hats" strategy aids in determining a fair and appropriate wage for the owner by accounting for all of these many duties and the time spent on them.

Download a Sample Report here.

The 5 Step Process:

Step 01

Sign up for the RC Study. You'll receive an email within 5 business days of sign up with the link to your personalized survey and a video explaining how to fill out the survey.

Step 02

Fill out the Survey to the best of your ability. Note that estimates are completely ok.

 

Step 03

You’ll be able to review the initial results of your survey immediately. Feel free to go back in and make changes to the inputs you’d like if anything looks incorrect or to assess the impact of making changes. You can update this as many times as you’d like.

Step 04

Jamie Trull, CPA, will personally review your results and provide you with any comments or suggestions. Jamie will be reviewing for reasonableness, completeness, and potential tax-savings opportunities.

 

 

Step 05

You may make any final changes you’d like based on Jamie’s comments, or ask any follow-up questions. Once you are comfortable with the report, it will be finalized and the Draft watermark will be removed, and a final version will be downloadable for you to keep for support.

Final Step…

Total peace of mind knowing you have an IRS-defensible reasonable compensation study and report in your back pocket!

Claim Your Peace Of Mind

Get Your Independent Study & Report

Reasonable Compensation Study & Report

$400

$700

Get started with the Reasonable Compensation Study & Report today! It includes: 

  • A detailed Reasonable Compensation Study and Report that will provide a fully customized owner salary analysis and IRS-proof documentation.
  • A full review of your report by a CPA (Jamie Trull) with observations and suggestions provided. 
BUY NOW

A Refund Policy Built on Trust

We teach people to be smart with their money. The least we can do is be smart with yours. If something you buy from us isn't the right fit, just say the word. No interrogation. No jumping through hoops. No awkward breakup conversation.


Here's how it works: email us at [email protected]  within 90 days of your purchase before the review phase or your report and we'll process your refund back to your original payment method. That's it. That's the whole policy.


If you're willing to share what wasn't working, we genuinely want to hear it — not because we require it, but because we use that feedback to make things better.


We're confident in what we've built. And if it turns out it's not right for you, we'd rather you keep your money than feel stuck with something that isn't helping you move forward. For more information, see our full terms and conditions.

Why Us?

As it turns out, not all accountants are specifically knowledgeable when it comes to setting reasonable compensation. A recent poll by RC Reports showed that 77% of tax professionals were misinformed when it came to approved methodologies for determining reasonable salary. 

It’s not just them though - googling reasonable compensation can give you all kinds of false information…including articles from typically reputable sources like Forbes and Entrepreneur Magazine. 

You may even pay to consult with a tax professional who gives you a general rule of thumb but doesn’t give you the appropriate documentation you really need…leaving you vulnerable to the IRS.

And for those accountants who DO provide a full study and supporting report, the average cost is $700+, and they may require you to sign up for a costly monthly service package.

Not so with us…We want to give you what you need at a budget-friendly price so you can keep Uncle Sam happy...without breaking the bank or overpaying in taxes!

Get Started Today
Jamie Trull Comp Reports and comp study

In case we haven't met,

I'm Jamie Trull!

I traded the corporate ladder for something that actually mattered to me. I spent more than a decade climbing the Fortune 500 Corporate ladder before choosing something different — a business of my own and a life built on my terms.

When I made that leap, I saw it immediately: the financial knowledge that existed inside big corporations simply didn't exist for small business owners. Nobody was teaching this stuff to the people who needed it most.

So I built it.

Business finance education, tools, and resources designed to help you become more informed, organized, and profitable — no matter where you're starting from, by a CPA who is very much not your typical accountant — and very much on your side.

Without the jargon. Without the condescension. And without making you feel like you should already know this.

Meet Jamie Trull

Frequently Asked Questions

Human resources Reasonable Compensation Report for S Corp Owners

A Real-Life Case Study*

Laticia, the owner of Laticia’s Nail Salon, had a gut feeling that $40,500 was a reasonable salary for her. She didn't have any evidence to support it, but her accountant also agreed, and she didn't think anyone would check anyway. 

 

Unfortunately, despite being correct, she faced months of stress and expensive accountant fees when the IRS audited her. This is an example of the danger of the "set it and forget it" approach to Reasonable Compensation. 

 

When the IRS selected Laticia’s Nail Salon for an audit, they looked at Laticia’s Reasonable Compensation and calculated it to be $67,000, which would cost her $10,000 in taxes, penalties, and interest. 

 

Her new accountant ran a compensation report that determined her reasonable compensation to be $41,833 and successfully argued with the IRS based on data and facts. 

 

Laticia learned that relying on gut feelings and honest intentions was not enough, and documenting her figures with facts from a credible source would have saved her a lot of stress, time, and money.

*Identifying details have been changed for privacy purposes.

Excel report with comprehensive data

Get Your Independent Study & Report

Reasonable Compensation Study & Report

$400

$700

Get started with the Reasonable Compensation Study & Report today! It includes: 

  • A detailed Reasonable Compensation Study and Report that will provide a fully customized owner salary analysis and IRS-proof documentation.
  • A full review of your report by a CPA (Jamie Trull) with observations and suggestions provided. 
BUY NOW

Learn More about S Corp Salary with Jamie

Free On-Demand Masterclass

The Savvy S Corp Owner: Getting Your Salary Right

Save Your Seat

Free On YouTube

Salary Tips for S Corp Owners

Watch Now