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Salary Considerations for Owners of S-Corporations

One of the most basic planning questions for S-Corp owners is the allocation of earnings between salary and K-1 income.  Before getting into the W-2 vs K-1 issues we’ll point out that the owner of an S-Corp is a statutory employee and as such is supposed to...

When to Enter Family Limited Partnerships

Estate Taxes can be the unintended outcome of a successful family-owned business. The team at Kehlenbrink, Lawrence & Pauckner (KLP) rarely meets business owners who get really excited about dealing with estate tax risk.   That’s our arena, and we really do get...

IRS Assistance

New evidence shows the Internal Revenue Service (IRS) would be more successful if they had additional funding for customer service and other areas. If this funding was readily available, the tax process each year would be less frustrating for taxpayers and much more...