• S Corporation compensation and medical insurance issues🔍
• S Corporation Shareholder Compensation🔍
• Wage Compensation for S Corporation Officers🔍
• S Corp Payroll🔍
• Paying Yourself As a Freelancer🔍
• Reasonable Compensation and S Corps🔍
• What Is Reasonable Compensation For An S Corp?🔍
• IRS Audit Issue – S Corporation Reasonable Compensation🔍

S Corporation compensation and medical insurance issues - IRS

Treating medical insurance premiums as wages. Health and accident insurance premiums paid on behalf of a greater than 2-percent S corporation ...

S Corporation Shareholder Compensation: How Much Is Enough?

While large distributions coupled with a small salary may increase the likelihood of IRS scrutiny, there is no requirement that an S corporation ...

Wage Compensation for S Corporation Officers - IRS

Wage Compensation for S Corporation Officers. FS-2008-25, August 2008. Corporate officers are specifically included within the definition of employee for FICA.

S Corp Payroll: What It Is & How It Works - ADP

The 60/40 rule is a simple approach that helps S corporation owners determine a reasonable salary for themselves. Using this formula, they divide their business ...

Paying Yourself As a Freelancer: S Corp Reasonable Salary

An S Corp owner has to receive what the IRS deems a “reasonable salary” — basically, a paycheck comparable to what other employers would pay for similar ...

Reasonable Compensation and S Corps - Block Advisors

What is the rule of thumb for reasonable salary? You may or may not have heard of the S Corp Salary 60/40 rule. The guideline refers to setting ...

What Is Reasonable Compensation For An S Corp? - Forbes

While the IRS hasn't recommended or approved any specific formula for calculating reasonable compensation, some accountants use a “60/40” ...

IRS Audit Issue – S Corporation Reasonable Compensation

“Reasonable compensation” means that is must be reasonable for all of the services the S corporation owner performs for the corporation.

What S Corp Owners Should Know About Reasonable Compensation

“S corporations must pay reasonable compensation to a shareholder-employee in return for services that the employee provides to the corporation ...

What is Reasonable Compensation for an S Corp? - Brinker Simpson

Reasonable compensation is calculated as the cost to replace the employee (or owner) doing the work. We do not consider work over 40 hours per week.

S Corporation Compensation of Shareholders for Services

Compensation paid by an S corporation to a shareholder is not self-employment income and is therefore not subject to the self-employment tax.

S Corp Salary 50/50 Rule: A Complete Guide - RCReports

The 50/50 rule refers to dividing up an S corp owner's pay and distribution structure with 50 percent going to salary and the other 50 percent ...

What Is Reasonable Compensation for an S Corporation? - CorpNet

An S Corporation is a business that gets special tax treatment from the IRS. If it meets certain eligibility requirements, a C Corporation or a Limited ...

Advising S Corporation Clients on Reasonable Compensation

S corporations are required to compensate shareholder-employees with reasonable wages for their services before making distributions.

Reasonable Compensation: How to Pay the Owner of an S Corp

A key focus of tax planning for S corporations is centered on the issue of officer's salary and “reasonable compensation.”

A Guide to S Corporation Owners' Compensation & Benefits

Health and accident insurance premium amounts paid for or reimbursed by the S corp for the benefit of the greater than 2% shareholder should be included as ...

Reasonable Shareholder Salary S Corp - Watson CPA Group

WCG CPAs & Advisors has been computing reasonable compensation for S corporations since 2007, and we believe we have it dialed in as well as anyone can.

The IRS is Cracking Down on S-Corp Salaries - Molen & Associates

In this article, we will explore the importance of reasonable compensation, how to calculate it, and the consequences of not adhering to IRS guidelines.

Larry's Tax Law - Foster Garvey

By paying low compensation, S corporations and their shareholder employees can limit their liability for Social Security taxes and Medicare ...

S Corporation Profits or Payday - Journal of Accountancy

The S corporation forgoes a $50,000 salary deduction, resulting in a $50,000 increase in the corporation's bottom-line income on page 1 of Form ...