What’s a Reasonable Salary?

The instructions to the Form 1120S, U.S. Income Tax Return for an S Corporation state that “distributions and other payments by an S corporation to a corporate officer must be treated as wages to the extent the amounts are reasonable compensation for services...

Excess Distributions

Tax consequences of “Excess Distributions” for S Corporation shareholders The “S “ election for corporations has some definite tax advantages. The election allows shareholders to report the corporate income and deductions on their personal returns. These items are...

The Importance of HR Practices

Today’s economy has forced business owners to re-evaluate all aspects of their operations.  Internal systems are reviewed, inventory controls are implemented, sales and marketing strategies are revised and overall productivity is analyzed.  With so many...

Meet ERIN TRIOLO, Enterprise Division Leader

Loves making a difference for Apex clients Hello! I’m Erin. I’ve been with Apex for six years. Every day that I walk into the office, I feel like my voice matters and I can make a difference! Jim and Lucas have given me the freedom to work on special projects that...