(no title)
ao98
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2 years ago
That’s very much a talk to your CPA question - because it speaks to audit risk. The IRS wants to see you pay yourself a fair salary so you are paying the appropriate payroll taxes, social security, medicare, etc. The problem is “fair” is somewhat subjective and depends on the profitability of the business as well. I’m sorry this isn’t a clear answer, but it’s just not a clear matter. Seek advice and ask “how would you defend this stance in an audit”.
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