top of page
Confused about S Corps?
Read our Blog!

S Corp Tax Rules


IRS Red Flags and Audit Methods for Reasonable Compensation.
If you own an S corporation and are also actively involved in its operations, the IRS expects you to pay yourself reasonable compensation...
Jun 5


Shareholder’s Initial Stock Basis in an S Corporation
Shareholders must keep thorough and accurate records to support their stock basis. (See Treas. Reg. § 1.6001-1(a) and they are...
Jun 3


Does S Corp Stock Qualify for Section 1244?
When a business fails or stock becomes worthless, investors take losses in the shape of capital losses, which, as we all know, have...
Jun 2
bottom of page