officer compensation
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“More Action Can Be Taken”: IRS Aims Big Data at Officer Compensation
- October 1, 2021
- Posted by: Paul Hamann
- Category: Blog
By Paul S. Hamann & Jack Salewski, CPA, CGMA
Just how big of an issue is S Corp. officer compensation under-reporting? Big would be an understatement. The most recent estimate (TY 2011-2013) has S Corp. owners underreporting compensation by $24 billion per year, twice as much as ten years earlier.
So, what is the IRS doing about it? (more…)
