Guides
The parts of the S-corp decision that are actually difficult
Not introductions. These cover the three places where the decision genuinely goes wrong: the salary you can defend, the deduction that moves in two directions at once, and the filing calendar you commit to.
Reasonable salary
How to set a reasonable S-corp salary you can actually defend
There is no safe harbour and no magic percentage. What courts actually weigh, and a method that produces a number you can support in writing.
Read8 min§199AThe §199A wage trap, and why most S-corp calculators are wrong
Wages shrink your qualified business income. Above the threshold, wages are the only thing keeping the deduction alive. Both forces, with the arithmetic.
Read9 minForm 2553Form 2553 deadlines, late relief, and what you sign up for
When the election is due, how Rev. Proc. 2013-30 relief works, and the quarterly filing calendar that catches first-year S corporations out.
Read6 min