Since 2001, we provide tax expertise & strategies for: Corporations, Partnerships, LLCs & Trusts.
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NYC CPA, Tax Accountants212.465.3337

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 Reasonable Salary is imperative for officers of S Corporations.  Several websites can provide a good tools to do the research on the compensation amounts.www.bizstats.comwww.payscale.com

www.salary.com

 

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Important Tax Disclosure
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax payments or penalties. Unless otherwise specifically indicated, you should assume that any statement in this website or articles that relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing. Disclaimer: Any articles herein is designed for general information only. The information presented at this site should not be construed to be formal legal or tax advice. Each taxpayer should seek advice based on the taxpayer's particular circumstances.