Terms of Service
Please read these terms carefully before using our Service.
Last updated: May 1, 2025
These Terms of Service (“Terms”) govern your access to and use of the website at reasonablecompensationadvisors.com and the related software-as-a-service platform (collectively, the “Service”) operated by Reasonable Compensation Advisors LLC, an Illinois limited liability company (“Company,” “we,” “us,” or “our”).
By accessing or using the Service, you agree to be bound by these Terms. If you do not agree to these Terms, you may not use the Service.
1. Description of Service
Reasonable Compensation Advisors provides a software-as-a-service platform that generates IRS-compliant reasonable compensation analysis reports for S-Corporation officer-shareholders. The Service is offered on a subscription basis.
Important Disclaimer: The reports and analysis produced by our Service are informational tools designed to support compensation determinations. They do not constitute legal, tax, or accounting advice. You should consult a qualified CPA, tax attorney, or other licensed professional before making compensation decisions or filing tax returns. The Company is not a CPA firm, law firm, or registered investment advisor.
2. Eligibility
You must be at least 18 years of age and have the legal authority to enter into a binding contract to use the Service. By using the Service, you represent and warrant that you meet these requirements.
3. Accounts
To access the Service, you must create an account. You agree to:
- Provide accurate, current, and complete registration information
- Maintain the security of your account credentials
- Promptly update your account information when it changes
- Notify us immediately of any unauthorized access to your account
- Accept responsibility for all activity that occurs under your account
4. Subscription and Payment
4.1 Subscription Plans. The Service is offered under subscription plans as described on our Pricing page. You agree to pay all applicable subscription fees for your selected plan.
4.2 Billing. Subscription fees are billed in advance on a recurring basis (monthly or annually, depending on your plan). All payments are processed securely by Stripe, Inc.
4.3 Automatic Renewal. Your subscription will automatically renew at the end of each billing period unless you cancel before the renewal date.
4.4 Price Changes. We reserve the right to change our subscription fees. We will provide at least 30 days’ written notice before any price changes take effect. Your continued use of the Service after a price change constitutes acceptance of the new pricing.
4.5 Taxes. Prices are exclusive of applicable taxes. You are responsible for all applicable sales, use, or similar taxes.
5. Refunds and Cancellation
Please refer to our Refund Policy for complete details on cancellations and refunds.
6. Acceptable Use
You agree not to:
- Use the Service for any unlawful purpose or in violation of any applicable laws
- Submit false, misleading, or fraudulent information to generate reports
- Attempt to gain unauthorized access to any part of the Service or its systems
- Reverse engineer, decompile, or disassemble any part of the Service
- Resell or sublicense access to the Service without our written permission
- Use automated means to scrape or extract data from the Service
- Interfere with or disrupt the integrity or performance of the Service
- Use the Service to infringe the intellectual property rights of any third party
7. Intellectual Property
7.1 Our Property. The Service, including its software, design, text, graphics, and methodology, is owned by the Company and protected by copyright, trademark, and other applicable laws. These Terms do not grant you any ownership rights in the Service.
7.2 Your Reports. The compensation reports generated using your data and submitted information are provided to you for your personal or business use. You own the data you submit; you receive a license to the generated report output for your use in connection with your S-Corporation tax compliance.
7.3 Feedback. If you submit suggestions or feedback about the Service, you grant us a non-exclusive, royalty-free license to use such feedback to improve the Service.
8. Confidentiality and Data
We understand that the business and financial information you submit to generate reports may be sensitive. We handle your data in accordance with our Privacy Policy, which is incorporated into these Terms by reference.
9. Disclaimers
THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.
We do not warrant that: (a) the Service will be uninterrupted or error-free; (b) any reports or analysis will be accepted by the IRS or any other taxing authority; or (c) the Service will meet your specific requirements. Compensation determinations involve judgment and professional expertise; our reports are analytical tools, not guarantees of outcome.
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION LOSS OF PROFITS, DATA, USE, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF THE SERVICE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
OUR TOTAL LIABILITY TO YOU FOR ANY CLAIMS ARISING UNDER THESE TERMS SHALL NOT EXCEED THE AMOUNT YOU PAID TO US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM.
11. Indemnification
You agree to indemnify, defend, and hold harmless the Company and its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, and fees (including reasonable attorneys’ fees) arising out of or relating to: (a) your use of the Service; (b) your violation of these Terms; or (c) your violation of any third-party rights.
12. Termination
We may suspend or terminate your account and access to the Service at any time, with or without notice, for conduct that we believe violates these Terms or is harmful to other users, the Company, or third parties.
You may cancel your subscription and close your account at any time through your account settings or by contacting us. Termination of your account does not entitle you to a refund except as provided in our Refund Policy.
13. Governing Law and Dispute Resolution
These Terms are governed by the laws of the State of Illinois, without regard to its conflict-of-law provisions. Any disputes arising from these Terms or your use of the Service shall be resolved in the state or federal courts located in Cook County, Illinois, and you consent to the exclusive jurisdiction of those courts.
14. Changes to These Terms
We reserve the right to modify these Terms at any time. We will provide at least 14 days’ notice before material changes take effect by emailing registered users or posting a notice on the Site. Your continued use of the Service after the effective date of changes constitutes your acceptance of the updated Terms.
15. Contact Information
For questions about these Terms, please contact us:
- Reasonable Compensation Advisors LLC
- 3285 N. Arlington Heights Rd., Suite 204, Arlington Heights, IL 60004
- Email: legal@reasonablecompensationadvisors.com
- Phone: (847) 200-1963