Compensation Opinion Letters, Consulting and related Expert Testimony

“Compensation Paid by Non-Profits, Complying with IRS Regulations”
Whitepaper by Stephen Kirkland, CPA, CMC, CFC, CFF

To receive a complimentary copy of this whitepaper, CLICK HERE

Atlantic Executive Consulting Group provides compensation consulting services, compensation opinion letters and related expert testimony.

Atlantic Executive
Consulting Group, LLC
220 Stoneridge Drive, Suite 402
Columbia, SC 29210-8018

We Provide:

• Compensation Consulting
• Comparability Data
• Opinion Letters
• Expert Testimony

"In calm water every ship has a good captain."
-- Grover Cleveland, 22nd and 24th U.S. President

Executive compensation is one of the most complex and controversial topics in American business today. In this dynamic, fast-paced environment, Boards of Directors need help determining reasonable compensation for key employees and for directors. We use the most complete and up-to-date databases of comparable salary information available and other resources in our analysis.

We realize that time is always of the essence so we strive to complete our analysis, research and drafting of the opinion letters within two weeks after receiving the information that we request with the engagement letter.

Our compensation opinion letters usually include “limited scope opinions” as defined by Internal Revenue Service Circular 230.

Compensation opinion letters are helpful to:

• Employers that are hiring or promoting executives,

• Companies that want protection from Internal Revenue Code section 6662 penalties,

• Hospitals and other tax exempt organizations wanting protection from Internal Revenue Code section 4958 excise taxes that apply to excess benefit transactions,

• Preparers of business valuations who need to normalize the owner’s compensation,

• Preparers of financial statements who need to comply with FIN 48 – Accounting for Uncertain Tax Positions, and

• Anyone concerned about a potential IRS challenge to the reasonableness of compensation paid by a C or S corporation to a shareholder.

Our opinion letters and reports have also been helpful in court cases involving shareholder disputes, bankruptcy, divorces, and lost wages.