S-Corp Reasonable Salary

TONDREAULT TAX & ACCOUNTING, P.A.

Declare a Reasonable Salary

The IRS states that “there are no specific guidelines for reasonable compensation in the Code or the
Regulations.”

IRS Fact Sheet

In the following Fact Sheet the IRS provides information on wage compensation for S Corporation officers:

https://www.irs.gov/pub/irs-news/fs-08-25.pdf

The topics include:

Who is an employee of the corporation?
What is a reasonable salary?
Medical insurance premiums treated as wages.

Have Any Question?

Contact us to learn more about our services and book a consultation with a Certified Public Accountant. We’re always happy to discuss how we can serve you and your business.

We are a CPA firm in St. Petersburg, FL that specializes in tax and accounting services for small and medium sized businesses and individuals. Our offices are near downtown St. Petersburg and we serve clients throughout the Greater Tampa Bay area and nationwide.

Located in Historic Kenwood | Near the Grand Central District

Contact Us

2959 1st Avenue North, St. Petersburg, FL 33713

(727) 300-2043

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