Monthly Archives: February 2017

Fixed Payments May Avoid Unreasonable Compensation at Nonprofits

By Stephen D. Kirkland, CPA, CMC, CFF Originally published in QuickRead on May 4, 2022. Internal Revenue Code § 4958 imposes excise taxes on the excessive portion of compensation paid by a non-profit organization. Excise taxes must be paid by “disqualified persons” who receive unreasonable compensation as well as by the individuals who approve it.…

February 28, 2023
Preventing a Challenge to (Un)Reasonable Compensation

© 2013 American Institute of CPAs - All Rights Reserved. Reprinted with permission from the September 2013 issue of Journal of…
Read more
July 7, 2022
What is Excessive Compensation?

Excessive compensation is the portion of cash and benefits that, in total, exceeds the value of services provided in exchange for…
Read more
July 7, 2022
How does the IRS define Reasonable Compensation?

Internal Revenue Code section 162(a)(1) allows income tax deductions for various business expenses, including “a reasonable allowance for salaries or other…
Read more

Monthly Archives: February 2017

Fixed Payments May Avoid Unreasonable Compensation at Nonprofits

Categories

Recent Posts

Preventing a Challenge to (Un)Reasonable Compensation

What is Excessive Compensation?

How does the IRS define Reasonable Compensation?

Recent Comments