Reasonable Compensation Requirements – The Burns Firm – Advisors of Complex Financial Matters

Year-End Review of S Corp Compensation: Stay on the Right Side of the IRS

December 5th, 2023|Categories: Accountant, Accounting, Burns Firm, Business, CPA, CPA Dallas, CPA near me, Dallas CPA, S Corp Compensation, S Corporation, Shareholder Compensation, Tax, Tax Advisor, Tax Planning, The Burns Firm, Year-End Tax Planning|Tags: Reasonable Compensation Requirements, S Corp, S Corp Compensation, tax, tax advisor, Tax Planning for S corp, The Burns Firm, Year-End Planing|

With 2024 right around the corner, your shareholders might be thinking about year-end bonuses or distributions. Before doing so, it's important to review the potential tax implications and requirements. Distributions vs. [...]