Use Tax Analysts Tax Notes to answer the following: a. Perform an advanced search for the keywords

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Use Tax Analysts Tax Notes to answer the following:
a. Perform an advanced search for the keywords S corporation and section 162(m). What are the title and authors’ names of the article on low S corporation pay?
b. In the article found in a., in which cited court case was an accountant held to be paying himself too little compensation from his S corporation?
c. In which large accounting firm did Watson (from b.) begin his accounting career?
d. What is the amount of compensation that the court held reasonable for Watson for the years in question?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Federal Tax Research

ISBN: 9781285439396

10th Edition

Authors: Roby Sawyers, William Raabe, Gerald Whittenburg, Steven Gill

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