Engagement Setup

Capture the client, entity, and engagement metadata. This drives report headers, geographic wage lookups, and contemporaneous documentation timestamps.

Firm Branding

One-time setup · saved across all engagements

Firm Logo (top-left of report)

PNG/JPG/SVG · Recommended: ≤ 500 KB · Renders at max 80×240 px on report

Firm Name* Used throughout report copy and corporate minutes language.

Tagline (optional) Shows under firm name on report cover.

Address (optional)

Phone

Website

Client & Entity

Required

Owner / Shareholder Name*

Entity Name*

Entity Type

Tax Year*

Ownership %

Engagement ID

Industry Classification

NAICS — drives industry wage adjustment

NAICS Code & Industry* North American Industry Classification System code. Drives a wage multiplier reflecting industry-specific compensation patterns vs. cross-industry baseline.

Industry Wage Factor Multiplier applied to BLS wages

Geography & Hours

Drives wage lookup

State*

County / Metro Area Display label for the report.

Area Tier* Layered on top of state factor. Rural areas typically pay 10–15% below state average for management roles.

Hours Per Week* Capped at 2,080 annual hours per BLS year-round full-time definition (McAlary v. IRS).

Effective Annual Hours 40 hrs/wk × 52 = 2,080

Engagement Dates

Audit trail

Report Initiated

Interview Completed

Report Finalized

Data source: BLS OEWS May 2024 (released April 2025) · Methodology: Cost Approach with NAICS Industry Adjustment · Tool Version: 1.7

Task & Hours Interview

Two-step allocation: Step 1 — distribute the owner's time across the eight task categories. Enter in whichever unit is easiest for the client (%, hrs/week, hrs/month, or hrs/year) — all four sync automatically. Step 2 — within each category, sub-allocate the hours across the specific tasks performed and rate proficiency.

Tasks Selected 0

Hours Allocated (Step 1) 0%

Annual Hours Target 0

Status —

Step 1 — Allocate Hours Across Categories

Total must equal 100% · Enter in any unit (%, hrs/wk, hrs/mo, hrs/yr) — all four sync as you type

Step 2 — Select Tasks Within Each Category

Within each category, check the tasks the owner performs and allocate the category's hours across them. Sub-percentages must total 100% within each category that has any allocated hours.

My Business — Custom Specialized Tasks

Vet, Dentist, Hair Stylist, etc. — sits in its own "My Business" category bucket

Custom tasks draw from the Specialty SOC Library (auto-populates BLS wages) or accept manual wage entry as fallback. The "My Business" hours bucket in Step 1 governs total time available; sub-allocation here splits that bucket across each specialty role.

Calculated Reasonable Compensation

Pre-adjustment figure based on the Cost Approach: BLS OEWS wages weighted by task hours and proficiency level.

Calculated Reasonable Compensation

Based on 0 tasks across 0 categories
0 annual hours · National average wages

Time Allocation

Compensation Allocation

Detailed Breakdown

Task	SOC	Proficiency	% of Cat.	% Total	Hours/Yr	Hourly	Annual

Advisor Worksheet

Apply stress-test adjustments derived from IRS rulings and Tax Court factors. Most engagements require no adjustment; document any non-zero entries with supporting reasoning. Enter positive numbers to increase compensation, negative numbers (e.g., -75000) to decrease.

Criterion	Adjustment ($)	Running Total	Reasoning / Notes

Final Report

Print-ready report mirroring industry-standard structure. Use your browser's Print → Save as PDF to generate the deliverable.