June 30, 2023
Season 1, Episode 7
In the thought-provoking episode titled "Reasonable Officer Compensation for S Corp Painting Businesses", hosts Daniel and Richard navigate through the complex yet crucial aspect of determining a justifiable officer salary in an S Corporation (S Corp) running a painting business. The focus of the conversation is on balancing the officer's salary while not excessively drawing on owner distributions from the S Corp.
June 30, 2023
Season 1, Episode 7
In the thought-provoking episode titled "Reasonable Officer Compensation for S Corp Painting Businesses", hosts Daniel and Richard navigate through the complex yet crucial aspect of determining a justifiable officer salary in an S Corporation (S Corp) running a painting business. The focus of the conversation is on balancing the officer's salary while not excessively drawing on owner distributions from the S Corp.