The discussion focused on reasonable compensation for S Corp owners, emphasizing the importance of calculating the right salary to avoid IRS scrutiny. Kevin Lacey from Mirror Mariner Consulting explained that reasonable compensation is the amount an owner pays themselves, which must be reported to the IRS. He highlighted the use of RC Reports, which analyze employment data by region and job type, to determine fair compensation. Lacey stressed the need for annual evaluations to support tax returns and avoid penalties. He also noted that reasonable compensation reports can be used for directors and employees, ensuring fair pay based on job descriptions and market data.