03
Oct
Reasonable Compensation for Business Owners: How to Set a Salary the IRS Will Respect
Reasonable Compensation for Business Owners: How to Set a Salary the IRS Will Respect If you run your business and also work in it, you can’t just pay yourself “whatever.” The IRS expects reasonable compensation—especially for S-Corp owners/officers (including LLCs taxed as S-Corps). Pay too little as W-2 wages and take the rest as “distributions,”...Read More
