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Keywords: S corporation
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Journal Articles
Unreasonable S Corporation Compensation: Why has the IRS Failed to Enforce Circular 230?
Available to Purchase
The ATA Journal of Legal Tax Research (2017) 15 (1): 1–18.
Published: 01 September 2017
...James M. Plečnik ABSTRACT The fact that S corporations are required to pay reasonable compensation to shareholding employees is well established. In this paper, three S corporation reasonable compensation cases are discussed to demonstrate the issues faced by the taxpayer, as well as the penalties...