Think you can pay yourself $1 from your S corp and take the rest as tax-free distributions? The IRS anticipated that. You must pay reasonable compensation for your role, or face penalties. #SCorp #TaxLoopholes #SmallBusiness #IRS #FinanceTips
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Think you can pay yourself $1 from your S corp and take the rest as tax-free distributions? The IRS anticipated that. You must pay reasonable compensation for your role, or face penalties. #SCorp #TaxLoopholes #SmallBusiness #IRS #FinanceTips