Terms
Last updated: August 2026
These are plain-language terms for using traceprep.com. They describe the product as it stands today and may change as the product develops.
What TracePrep is
TracePrep is a Reasonable Compensation Study platform for CPA, EA, and accounting firms. It runs the S-corp reasonable-compensation Study: you build traceable evidence, your firm’s Reviewer signs off, and your firm keeps the workpapers.
TracePrep is software. It does not give tax, legal, or accounting advice, and it does not stand in for the professional judgment of the firm using it. The Reviewer at your firm reaches the conclusion; TracePrep supports that work.
Using the site
You may read the site and get started by giving your work email, which tells us you are interested and lets us reach you. Giving your email here does not itself begin a Study. Please use the site lawfully: do not try to disrupt it, break into it, or reach parts of it that are not meant for you. The email you provide is handled as described on the Privacy page, so please keep it accurate.
What a Study does and does not do
A Study gives your firm traceable evidence to support its own conclusion. It does not guarantee how a tax authority will treat any position, and it does not replace the review your firm performs. The judgment stays with your people.
Who runs TracePrep
TracePrep is built by Bobby Huang, founder of TracePrep Inc. Questions about these terms go through the Support page.
Changes to these terms
We may update these terms as the product develops. The version on this page is the one that applies when you use the site.