The Rule, In Plain English An S-corporation must pay shareholder-employees a reasonable salary for the services they perform before distributing remaining profits. This isn’t folklore; it comes from how the Internal Revenue Code treats compensation and payroll tax: IRC §162(a)(1) allows a deduction for “a reasonable allowance for salaries or other
Let’s be honest: we toss around “SWOT” a lot. CFOs love it, consultants swear by it, and half the time it’s a slide that gets skimmed between coffee refills. But do you actually know why it matters, or how to use it so it changes decisions and dollars, not just meeting minutes? Let’s review, simply and practically. A SWOT analysis is a simple frame
Not every business can afford a full-time CFO—but every business deserves CFO-level insight. Here are five simple tips that our clients use to get control of their numbers and strengthen their bottom line. 1. Cash Flow > Profit Don’t confuse “profitable on paper” with “money in the bank.” Track your inflows and outflows weekly. Many good compani