WageProof

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WageProof is compensation analysis software for S-Corporation owner-employees, generating reasonable salary reports using Bureau of Labor Statistics data. Owners or tax professionals input their responsibilities and proficiency in areas like bookkeeping, sales, and operations. The software calculates task-based wages by geographic location and experience, creating a weighted compensation analysis. WageProof employs three IRS-recognized methods: cost (task-level wages), market (local executive pay), and income (company financials and investor returns). It produces a PDF report with methodology, source citations, and board resolution templates. Each wage figure includes the BLS occupation code, location, and data year for verification, supporting tax returns or audits with traceable data.