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How is reasonable compensation calculated? [S-corporation owner W-2s]

This video covers how to calculate what the amount of reasonable compensation is for your specific business. This amount determines if the s-corporation saves you taxes or not! Get the free basic Business Spreadsheet Template: https://www.amandarussell.mba/gettheb... This spreadsheet is part of the Paying Workers & Owners course...Check out Amanda’s courses: https://www.bizschool.coach/courses Other Videos You May Like: HOW DO I PAY MYSELF IN MY BUSINESS [PART 1]:    • How To Pay Myself In My Business (LLC...   4 TAX SAVINGS STRATEGIES FOR OWNER PAY [HOW DO I PAY MYSELF IN MY BUSINESS PART 2]    • 4 TAX SAVING STRATEGIES--How To Pay Y...   HOW TO OVERCOME PROCRASTINATION    • Procrastination In Business & Money! ...   THE EASIEST AND CHEAPEST WAY TO TRACK YOUR ACCOUNTING RECORDS (SOFTWARE VS. APPS VS. BOOKKEEPERS):    • Best Way To DIY Your Accounting Recor...   S-CORPORATION CALCULATOR — When & How the S-corp Saves You Taxes!    • S-Corporation Tax Calculator [Spreads...   DIY Tax Video Series - File Taxes Online For Free - Choosing free way to file for federal and state:    • Can I Really File My Taxes For Free? ...   - STEP-BY-STEP TUTORIAL: Filing your taxes for free in any situation    • STEP-BY-STEP Tutorial: File Taxes Onl...   - STEP-BY-STEP TUTORIAL: How To File a 1099 Online For FREE    • How To File Your Self-employed Busine...   - STEP-BY-STEP TUTORIAL: Home Office Tax Write-off - Worksheet for tracking    • Home Office Tax Write-off -- How to T...   Other popular videos you may like: - The Balance Sheet Explained:    • Balance Sheet Explained in Simple Ter...   - What is a Holding Company?    • What is a Holding Company? - Holding ...   - Does the LLC save taxes?    • Tax Benefits of LLC vs. Sole Propriet...   - Sole Proprietor vs. LLC vs. S-corp:    • Sole Proprietor vs. LLC vs. S-corp: W...   - How Businesses are Taxed:    • How To Choose Your Business Structure...   - 9 Short Steps to Create Your LLC: https://www.youtube.com/playlist?list...