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Article Provides Excellent Guidance

S-Corporation shareholder compensation is a difficult issue to deal with: how much salary vs. how much to take in distributions?

A recent article in The Tax Advisor provides an excellent summary of two court cases that show some guidance on these issues. The article is detailed and a bit lengthy, but you can "skip to the end" to get a good summary of relevant factors to consider.

Rather than recreating the wheel, I've linked directly  to the article: http://www.aicpa.org/publications/taxadviser/2011/august/pages/nitti_aug2011.aspx

As always, if you have any questions, please call or email me.