by morrowg | Jan 25, 2024 | Representation
Did you know? The Internal Revenue Service has just received a fresh influx of billions of dollars in funding for advancements in technology to identify and process actions against non-filing and late-paying taxpayers. IRS taxpayer notices are triggered by many...
by morrowg | Jan 9, 2024 | Tax Planning, Tax Preparation
If you are the owner of an S Corporation, you need to be aware of a very prevalent Audit issue with the IRS. The issue is Reasonable Compensation taken by the S Corporation shareholder. Reasonable compensation is defined by the IRS as “The value that would ordinarily...