https://wcginc.com/kb/reclassify-shareholder-distributions/
Reclassify Shareholder Distributions As Salary - WCG CPAs & Advisors
At times we reclassify shareholder distributions to account for missing S Corp payroll from the past, and we show you examples here.
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https://wcginc.com/kb/shareholder-distributions-as-reimbursements/
Reclassify Shareholder Distributions as Reimbursements - WCG CPAs & Advisors
At times, usually around tax time, we look back and reclassify shareholder distributions as expense reimbursements for S Corp owners.
reimbursements wcg cpasamp
https://wcginc.com/kb/distributions-in-excess-of-basis/
Shareholder Distributions in Excess of Basis - Taxable Event - WCG CPAs & Advisors
Shareholder distributions in excess of basis can be easily triggered because of depreciation, loans or bad basis data, and it is taxable.
shareholder distributionswcg
https://wcginc.com/kb/taking-shareholder-distributions/
Taking Shareholder Distributions - Amount and Frequency - WCG CPAs & Advisors
Shareholder distributions seem easy since it is just a transfer to your personal checking account, but there are some nuances to be aware of.
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https://wcginc.com/kb/distributions-in-excess-of-shareholder-basis/
Distributions in Excess of Shareholder Basis - S Corp Taxes - WCG CPAs & Advisors
Shareholder distributions in excess of shareholder basis can create an unnecessary capital gain tax. How can this happen? What can be done? Find out more.
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