Tax Strategy Blog for Business Owners

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Claude Shannon

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September 28, 2026
S-Corp Made an Extra $70K? Start With Reasonable Compensation

“I earned an additional $70,000 this year — what can I do now to lessen my tax impact? I’m an S-Corp.” S-Corp reasonable compensation is the answer almost nobody leads with. A customs broker running an S-Corp asked what to do with an extra $70,000 of profit this year — and before any deduction, strategy […]

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