What is a reasonable salary for s corp owners?

What is reasonable compensation for s corp owners? The salary of an s-corp owner can impact your taxes and retirement planning contributions.

Section 162 of the tax code states, "a reasonable allowance for salaries or other compensation for personal services actually rendered," but what does this mean for your s-corp owner compensation? Let's talk about the IRS guidance and how you should think about your compensation versus distributions. The real question is how can you lower your taxes and maximize your retirement plan savings.

Blog Post on S-Corp Reasonable Compensation
https://bit.ly/3jztaFA

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