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4 tagged with "Owner Compensation"

Strategies for structuring business owner pay, benefits, and tax-efficient compensation

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Stacking the Self-Employed Health Insurance Deduction with the Premium Tax Credit, HSA, and Augusta Rule: A 2026 Owner Compensation Playbook
·mike

Stacking the Self-Employed Health Insurance Deduction with the Premium Tax Credit, HSA, and Augusta Rule: A 2026 Owner Compensation Playbook

A field guide to coordinating the Section 162(l) self-employed health insurance deduction with the Premium Tax Credit's circular calculation, HSA contributions, and the Augusta Rule (Section 280A(g)) — including Form 7206 mechanics, S-corp W-2 Box 1 reporting under IRS Notice 2008-1, Medicare Part B and D deductibility, and 2026 contribution limits.

tax-planning
tax-deductions
health-insurance
self-employment
+4
The Augusta Rule: How Business Owners Rent Their Home to Their S-Corp for 14 Days a Year Tax-Free
·mike

The Augusta Rule: How Business Owners Rent Their Home to Their S-Corp for 14 Days a Year Tax-Free

Internal Revenue Code Section 280A(g) lets a business owner rent a personal residence to their own S-corporation for up to 14 days a year and exclude every dollar from personal gross income while the business deducts the rent under Section 162. The Sinopoli case shows what survives an audit and what does not.

tax
tax-planning
tax-deductions
s-corp
+4
Reasonable Compensation for S-Corp Owners: How to Set Your Salary, Survive an Audit, and Avoid Six-Figure Penalties
·mike

Reasonable Compensation for S-Corp Owners: How to Set Your Salary, Survive an Audit, and Avoid Six-Figure Penalties

A CPA paid himself $24,000 while taking $200,000 in S-Corp distributions, lost in the Eighth Circuit, and owed six figures in back payroll taxes and penalties. Here is how the IRS evaluates reasonable compensation, the audit red flags, and a defensible methodology for setting an S-Corp owner salary.

s-corp
reasonable-salary
owner-compensation
owner-distributions
+3
How to Pay Yourself as a Small Business Owner: Salary vs. Owner's Draw
·mike

How to Pay Yourself as a Small Business Owner: Salary vs. Owner's Draw

Learn the difference between owner's draw and salary, which method to use based on your business structure, IRS rules for reasonable compensation, and tax optimization strategies to pay yourself the right way.

small-business
owner-compensation
salary-vs-draw
tax-planning
+3