Reding Bookkeeping
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I formed my own accounting firm with a single principle in mind: to provide the highest level of personalized client service possible.
08/22/2022
Do you question opportunities that come your way or jump right on them?
08/10/2022
One of the areas that business owners struggle with his how much to pay themselves. We have used the RC Reports system for years to help our business owners be able to establish a reasonable compensation, rather than just pulling a number from thin air. It appears that the IRS is going to start reviewing these numbers.
IRS TECH TARGETS S CORP OFFICER COMPENSATION - the article can be found at https://rcreports.com/resources/reasonable-compensation-blog/irs-tech-targets-s-corp-officer-compensation/.
IRS Tech Targets S Corp Officer Compensation By Paul S. Hamann & Jack Salewski, CPA, CGMA The IRS is deploying technology and big data to combat compensation under-reporting. What does this likely mean for you and your S Corps? That Reasonable Compensation challenges will likely occur outside the traditional exam process. A challenge may come....
07/25/2022
This is something I think I struggle with. I get so busy working, I sometimes lose site of which is the right thing to work on at the moment.
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