Reasonable Compensation: The IRS Rule Many S Corporation Owners Ignore

Reasonable Compensation: The IRS Rule Many S Corporation Owners Ignore

Reasonable Compensation: The IRS Rule Many S Corporation Owners IgnoreSteve Perry
Published on: 12/08/2026

Reasonable compensation is a year-round payroll requirement, not a filing formality. Learn why the correction window closes at year end and how the IRS spots the mismatch.

Tax education articles and IRS representation advice for individuals and small businesses
S-Corporation Compliance Mistakes That Attract IRS Attention

S-Corporation Compliance Mistakes That Attract IRS Attention

S-Corporation Compliance Mistakes That Attract IRS AttentionSteve Perry
Published on: 11/08/2026

S-corporation compliance continues after filing. Learn how IRS matching, reasonable compensation reviews, and notices affect planning and options year-round.

Tax education articles and IRS representation advice for individuals and small businesses
Why Borrowing Payroll Taxes Costs More Than Any Loan

Why Borrowing Payroll Taxes Costs More Than Any Loan

Why Borrowing Payroll Taxes Costs More Than Any LoanSteve Perry
Published on: 06/08/2026

Missed payroll tax deposits carry penalties and interest no lender would offer, and the debt can follow you personally. Here is the real cost of borrowing from withholding.

Tax education articles and IRS representation advice for individuals and small businesses
What Every Business Owner Needs to Know About the Trust Fund Recovery Penalty

What Every Business Owner Needs to Know About the Trust Fund Recovery Penalty

What Every Business Owner Needs to Know About the Trust Fund Recovery PenaltySteve Perry
Published on: 05/08/2026

A proposed Trust Fund Recovery Penalty gives business owners a fixed response window. Learn why that period, not the original debt, often decides the final outcome.

Tax education articles and IRS representation advice for individuals and small businesses