Month: February 2023

Reasonable Compensation in Wages an S Corp Stockholder

Article Highlights:S Corporation CompensationReasonable CompensationFactors Determining ReasonablenessIn the Spotlight199A DeductionS corporation compensation requirements are often misunderstood and abused by owner-shareholders. An S corporation is a type of business structure in which the business does not pay income tax at the corporate level and instead distributes (passes through) the income, gains, losses, and deductions to the […]

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