According to lan Redpath and Brian O'Sultivan, which of the following is included in pending legislation regarding the Section 754 election? A. It would create the Section 754 election. B. It would eliminate the Section 754 election. C. It would make a Section 754 election elective. D. It would make a Section 754 election mandatory. Which of the following is not one of the factors presented by lan Redpath and Robert Lickwar as being used by the IRS to determine reasonable compensation for an S corporation owner employee? A. Training and experience B. Number of non-shareholder employees C. Duties and responsibilities D. Dividend history Ian Redpath and Robert Lickwar anticipate which of the following in response to the TiCTA report regarding compensation paid to owner employees of S corporations? A. No change or decreased audit activity by the IRS B. Increased audit activity by the IRS C. Increased interest in S corporations as the preferred choice of entity D. Increased monitoring by the Social Security Administration