Unreasonable Compensation for P.C. Shareholders

Unreasonable Compensation for P.C. Shareholders

The general view has been that unreasonable compensation claims against shareholder employees of professional corporations was not an issue.  In Pediatric Surgical Associates P.C. v. Commissioner, the tax court determined that compensationn paid to the shareholder physicians was unreasonably high because it exceeded the value of the services performed by the shareholder physicians.  Many law firm professional corporations could face this same issue.

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