Must an S-Corporation Pay Salary If the Owner Takes No Money Out of the Business?
Must an S-corporation pay salary if the owner takes no money out of the business? The short answer is no.
Must an S-corporation pay salary if the owner takes no money out of the business? The short answer is no.
What is a reasonable salary for a corporate owner? This is hard to answer because tax law and the IRS provide no formal definition of the term “reasonable.”