owner compensation

Let’s Be Reasonable about Owners’ Compensation

December 13th, 2022|Categories: Accountant, Burns Firm, Business, C Corporation, CPA, CPA Dallas, CPADallas, Dallas CPA, Partnership, S Corporation, Small Business, Tax, Tax Advisor, Tax Planning, The Burns Firm, Year-End Tax Planning|Tags: owner compensation, shareholder compensation, tax, The Burns Firm, year-end bonuses|

Is it possible to have too much of a good thing? The IRS thinks so, at least in the context of compensation paid to business owners. If an owner's compensation is [...]

Always Question Owner’s Compensation in Divorce

August 4th, 2022|Categories: Accountant, accountant near me, Accounting, Burns Firm, CPA, CPA Dallas, CPA near me, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Tax, tax accountant, tax accountant near me, Tax Advisor, Tax Planning, tax preparer near me, Tax Return, The Burns Firm|Tags: business owner and how divorce affects business, compensation variances and divorce, CPA Dallas, cpa near me, Dallas CPA, divorce, I need a CPA near me, owner compensation, question owner compensation in divorce, tax, tax accountant near me, tax consequences of a divorce|

Divorce is more complicated when either spouse owns a private business interest. In these cases, a settlement is only as reasonable as the value of the business and the compensation [...]