RCReports
Analyzing and normalizing owner’s compensation is often one of the most challenging aspects of any business valuation – and the data resources available to valuators have been scant and unreliable at best.
Practitioners have welcomed the launch of RCReports, the new platform created especially for business appraisers, and early feedback indicates the gap in compensation resources may be a problem of the past. RCReports delivers a streamlined solution built on 12.9 million wage data points and a proprietary system. Heralded by CPAs, business appraisers, forensic accountants and attorneys as the new must-have resource, RCReports generates lightning fast reasonable compensation reports that are objective, accurate, and backed by methodology that combines IRS criteria, court rulings, and geographic data.
“Whereas you may have to spend 4 hours, 6 hours or in some cases 2 or 3 days to determine reasonable compensation for a given party, now this can be done in a matter of minutes with several scenarios.”
-- Michael Gregory, Reasonable Compensation Expert, Former IRS Agent, CVA, CBA, ASA
Additional Product Details
- Cost-effective: Quickly and easily run a reasonable compensation analysis for your clients in a fraction of the time with the RCReports online tool. Complete in mere minutes the analysis that used to usually deplete hours of your time.
- Defensible: All reasonable compensation reports contain an independent, unbiased reasonable compensation figure that you can rely on for IRS examinations and litigation engagements. Every report includes supporting resources, including case law, IRS rulings, whitepapers, and more!
- Accurate: Easily choose the approach that best fits your engagement, or run multiple approaches and reconcile them to develop accurate wage data supported by an independent source
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