How do you determine what your reasonable compensation should be as an S Corp? Setting your reasonable salary can be tricky, but it's crucial to take this step seriously to ensure compliance with the IRS regulations and to also avoid major penalties. In this video, we'll discuss how to determine reasonable compensation, what the IRS looks for, and how to make sure your salary is defensible in an IRS audit.

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Blogs Where I Talk About S Corps
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How to Choose the Best Business Structure: https://jamietrull.com/2022/12/23/sc...'>https://jamietrull.com/2022/12/23/sc...
What Is A Reasonable Salary for an S Crop?: https://jamietrull.com/2023/03/06/wha...'>https://jamietrull.com/2023/03/06/wha...
Most S Corp Tax Calculator Methods are Wrong [Do this instead]: https://jamietrull.com/2023/03/02/mos...'>https://jamietrull.com/2023/03/02/mos...
Quick Guide to Choosing the Right Business Structure for You: https://jamietrull.com/2023/02/20/bus...'>https://jamietrull.com/2023/02/20/bus...

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**DISCLAIMER: This video is meant for educational purposes only. This is not to be relied on or considered a substitute for advice on your specific situation from your tax advisor.


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