WEBINAR: Assignment of Income Issues (S-Corporation) - E3S5R-T-00952-25-O
1 Hour Tax (Federal); IRS:
Course Description: The assignment of income doctrine is a judicial doctrine developed in United States case law by courts trying to limit tax evasion. The doctrine seeks to “preserve the progressive rate structure of the Code by prohibiting the splitting of income among taxable entities.”
The “nominee of income” is a tool often used by tax professionals to assign income to another entity or individual. The reason can be as simple to which the income is associated, or the income is related in some way to other income, associated with the entity. But there are requirements that must be met in order to properly assign income.
Learning Objectives:
- Understand proper way to handle the “Assignment of Income”
- Why corporate minutes matter
- Analysis of an employment contract
- Essential language for Corporate by-laws
- Exploration of Case Law
- Components needed before corporation would be considered to control the service-provider employee
Registration Options
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Registration Options
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Credits | Price |
|---|---|---|
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Member
Registration Ends 8/27/25 at 1:30 PM EDT
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1.00 (Tax (Federal)) | $35.00 |
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Non-Member
Registration Ends 8/27/25 at 12:30 PM EDT
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1.00 (Tax (Federal)) | $65.00 |
Allan J. Reynolds, EA
A.J. is an enrolled agent (EA) with over thirty years of experience encompassing various areas of taxation. Though his practice centers on Individual, Business, and Estate Tax preparation, A.J. specializes in IRS Audits, Appeals, Collections, Innocent Spouse, Independent Contractor vs. Employee Issues, and Civil Tax Fraud Representations. As diverse as his specializations, A.J.’s clientele, too, ranges from average workers to Fortune 500 executives.
Based in Sioux City, Iowa, A.J. nevertheless brings his everyday “in the trenches” experience to seminars nationally and internationally to assist attendees with real issues affecting tax professionals. A.J. has spoken Basics + Beyond Income Tax Seminars and Webinars, NATP National Conference and Webinars, NAEA Webinars, NTI Resort Conferences, and Iowa State University Webinars and Annual Tax Seminars.
A.J. started his tax career with a national CPA firm in San Diego, CA after proudly serving for five years in the United States Navy onboard the Guided Missile Destroyer USS Callaghan. During his time on the destroyer, A.J. and crew members were awarded the Navy Expeditionary Medal for their work in the Straits of Hormuz off the coast of Iran.
Outside of his tax practice, he is a member of the Diocese of Sioux City Priests’ Pension & Welfare Board and the Investment Advisory Board for the Diocese. When not working, his time is spent in various activities, including traveling with his wife and their two children.
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For More Information:
150 Corporate Center Drive Suite 205Camp Hill, Pennsylvania 17011
United States 800.270.3352