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How much should I get paid as a reasonable compensation for my S-corp if I am a full time employee and work for my S-Corp on weekends only?
I work full time job and do consulting services under my 100% owned S-corp. I do the work for the S-Corp during the weekends and at night. Is it reasonable to take my hourly rate in my full time job and multiply it by 10 - 16 hours per week to be my reasonable compensation for the S-Corp? Considering that I do the same job for the full time employment as the S-Corp, and the hourly rate is about the national average hourly rate for this job\service.
‎June 4, 2019
12:05 PM