New York, NY, July 21, 2012 --(PR.com
)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Douglas Schwartz, Partner, Nossaman LLP will speak at the Knowledge Congress’ webcast entitled: “Understanding Reasonable Compensation for S Corporation Shareholders.” This event is scheduled for September 28, 2012 from 12:00pm – 2:00pm (ET).
For further details, please visit:
About Douglas Schwartz
Douglas Schwartz, a Partner in Nossaman LLP’s Los Angeles office, specializes in tax matters (international, federal, state, and local) as they affect individual and compensation planning; business formations, transactions, and operations; charities, public pension systems, and other tax-exempt entities; and investments in different asset classes and investment vehicles. He has a comprehensive understanding of the complex local, state, and federal laws and regulations that affect personal and business taxes for a wide variety of industries, including entertainment, internet, manufacturing, real estate, sports, nonprofit, and public agencies, and including advice on sales and use tax; Proposition 13; documentary transfer; and local business license taxes in addition to income and franchise taxes.
About Nossaman LLP
Nossaman LLP is a California-based national law firm with 160 professionals who work seamlessly across seven U.S. offices in Los Angeles, Orange County, San Francisco, and Sacramento, California; Austin, Texas; Washington, DC; and Arlington, Virginia. We utilize a multi-disciplinary approach that combines the skills and experience of our transactional and regulatory attorneys, litigators, and state and federal policy advisors to achieve clients' goals. Nossaman focuses its practices on several key areas of law and industries including corporate, taxation, real estate, employment, financial services, insurance coverage, environmental, and litigation matters.
Reasonable compensation for S corporation shareholders remains a topic of perennial interest. In an effort to minimize payroll taxes, shareholders sometimes prefer dividends instead of compensation payments. This has often resulted in “disagreements” with the IRS.
It is important that S corporations approach compensation in a manner consistent with the regulations to avoid fines and penalties. The Knowledge Group has assembled a panel of key experts and thought leaders to help you make more thoroughly understand reasonable compensation for shareholders of S corporations. In a two-hour Live webcast, their distinguished panelists will provide an in-depth discussion of the following key issues:
- Factors Used to Determine Reasonable Compensation
- Consequences/Penalties for Failure to Pay Reasonable Wage
- Strategic Approach in Developing a Reasonable Compensation Model
- And Up-to-the-Minute Regulatory Updates
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org.