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320 - Reasonable Salary Demystified
On today's episode of the podcast I'm sharing what's considered a "reasonable salary" when filing for a S Corp. If you missed last week's episode, go back and listen to part one of this two-part S Corp series.
In episode 319 we talked about how S Corps save you money, and the trick is you have to pay yourself a salary. The lower the salary is that you pay yourself, the more you save in taxes, but that salary has to be reasonable. So what is considered "reasonable" for tax purposes?
Coming soon we're launching a small cohort of my program Legally Launched to help you form an LLC or an S Corp…
The skinny
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