Re: My new CPA says I should file as a corporation???
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S Corporation owners who work for the company must (with very limited exceptions) pay themselves a "reasonable" salary. And that means a W-2, with employment taxes withheld. This is a point of emphasis for the IRS in their current enforcement efforts.
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QFT
In the tax update seminar I was at last weak we spent over an hour talking about the recent slew of reasonable compensation cases being pursued by the IRS over the last year.
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