Business & farm


@SCGI wrote:

The IRS generally considers $50,000 to be a reasonable annual salary for S-Corp owners.


It really does not appear as if one can make a blanket statement concerning what constitutes a "reasonable annual salary" - it is entirely dependent upon the circumstances and receipts.

 

See https://www.thetaxadviser.com/issues/2011/aug/nitti-aug2011.html