When it comes to reasonable compensation, documentation is a key factor in mitigating IRS penalty risks for S Corporations.
Amended Returns
Tax Abatement
Tax-Related Identity Theft
Most people have heard of identity theft with fraudulent purchases made using a credit card or loan. Tax-related identity theft, however, occurs when an identity thief uses your social security number to file a false tax return. The IRS Taxpayer Guide to Identity Theft outlines important warning signs and steps to take to protect yourself.
