Business Owner Salary

A reasonable wage can be calculated by looking at the region, the income range of the company, the department of labor (region and state, business type.)  There you will find the low, high end, and mid range salaries with that gross revenue range.

Normally if an S-Corp is just starting, you will select the lower range, regardless of whether the income is one dollar or one million dollars.

Your CPA Can Help

If you are unsure of how to approach this, contact your CPA for guidance.  If you do not have a CPA, we would be happy to assist you.  Go to our Contact Page and let us know what you’re looking for.