{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Reasonable Compensation for S Corp Owners","description":"Paying yourself incorrectly as an S Corp owner creates quiet IRS risk, cash stress, and year-end cleanup that many business owners don\u2019t see coming. In this episode of Business By The Books, Danielle explains what reasonable compensation actually means, why payroll must come before owner draws, and how setting this up early can save you stress later in the year. You\u2019ll learn:   What reasonable compensation means for S Corp owners   Why underpaying yourself through payroll creates future tax problems   The IRS rule that requires payroll before owner draws   How paying yourself through payroll supports long-term business value   What to do now so you\u2019re not fixing this under pressure at year-end   Key topics:   Quiet IRS risk from paying yourself incorrectly   Why business owners delay payroll and regret it later   Reasonable compensation and owner draw rules   Why Quarter One matters   Additional Resources: \ud83d\udcc8Book a strategy call with Danielle\u2019s team at Kickstart:&amp;nbsp;here \ud83d\udc49 Discover how our CFO services can transform your finances and align them with your future goals:  here \ud83d\udc49 Check your books&amp;nbsp;here \ud83d\udc49 Visit the&amp;nbsp;Kickstart website \ud83d\udc49 Follow Kickstart on&amp;nbsp;Instagram Listen next: \ud83d\udc49&amp;nbsp;  The Hidden Mistakes That Keep Your LLC Small (and How to Grow Into an S Corp) \ud83d\udc49&amp;nbsp;Sunk Costs: The Silent Trap Sabotaging Your Goals (And How to Break Free) ","author_name":"CEO Numbers Network with Danielle Hayden","author_url":"https:\/\/kickstartaccountinginc.com\/entrepreneur-money-stories-podcast\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/39793860\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/39793860"}