Strategies for Reasonable Compensation and Multiple S Corps
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Strategies for Reasonable Compensation and Multiple S Corps
- February 1, 2021
- Posted by: RCR Admin Team
- Category: Blog
By Jack Salewski, CPA, CGMA & Paul S. Hamann
There are numerous issues when a business owner is a shareholder in more than one S Corp. Does the shareholder have to complete a reasonable compensation assessment (RCA) for each corporation, or will one assessment do? Does each corporation need to pay wages? What happens if the owner is above the Social Security maximum?
