What is the name of your state (only U.S. law)? Colorado
My position at the company is Accounting Manager, I handle the day to day finances and pay bills. My salary is $100K per year.
Once the company is paid off, it's very likely that my owner distribution will be anywhere between $100K to $175K annualy.
Do you think that because I have paid myself a reasonable compensation for at least 3-4 years, I am "safe" from the IRS would coming after me for receiving such a large "bonus"? My salary will always remain the same, except I'll probably add 5% per year.
My position at the company is Accounting Manager, I handle the day to day finances and pay bills. My salary is $100K per year.
Once the company is paid off, it's very likely that my owner distribution will be anywhere between $100K to $175K annualy.
Do you think that because I have paid myself a reasonable compensation for at least 3-4 years, I am "safe" from the IRS would coming after me for receiving such a large "bonus"? My salary will always remain the same, except I'll probably add 5% per year.