You will learn about the IRS internal Job Aid entitled “Reasonable Compensation Job Aid for IRS Valuation Professionals” dated October 29, 2014. This is presented by Michael Gregory, the original IRS issue champion of this initiative. This internal IRS document presents background on this topic from the perspective of the IRS. This document was written to help IRS professionals that are reviewing reasonable compensation issues. Major elements of this document are presented and Michael Gregory offers his insights as to what this might mean for business valuers reviewing reasonable compensation issues while providing valuations for federal tax purposes.