What is a Reasonable Compensation for Owners of S Corp?

What is a Reasonable Compensation for Owners of S Corp?

If you have read many of my columns over the years, you probably know that a “S Corporation” is the preferred entity for most alarm companies with a single, or few, individual shareholders. As you may already know, An S corporation is a type of corporation that passes its taxable income, credits, deductions, and losses directly to its shareholders. This means that the corporation itself is not taxed on its income, but instead, the shareholders are taxed on their share of the corporation’s income. The S corporation election is available only to small businesses with 100 or fewer shareholders, and is an alternative to the limited liability company (LLC)

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WISE Words: Empowering Women in the Security Evolution

Empowering Women in the Security Evolution

The electronic security sector is witnessing a significant shift towards inclusivity and gender equality based on the efforts of several leaders and industry groups across the nation. One of these groups is the fast-growing CAA based organization, Women In the Security Evolution “WISE”. The group is dedicated to supporting, empowering, and promoting women across all disciplines within the security industry and spectrum of professional roles.

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Why Self-Generated Lead Creation is Essential

One of the first lessons a new salesperson learns is that their sales pipeline must always be full. Anything less and there will be times of feast or famine; a roller coaster ride that stresses the salesperson as well as company management. To reliably reach and exceed sales goals and keep commission payments consistent, the sales pipeline must remain full month in and month out.

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Stepping into the Promising Horizon of 2024

Dave Michel receives CAA Award

As we step into the promising horizon of 2024, I am filled with optimism and gratitude. Reflecting back on our recent CAA Winter Conference at the Fairmont in San Francisco, I am reminded of the incredible energy, insightful information, and productive breakout sessions that marked the event. It was a gathering that not only educated but also inspired us all.

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President’s Message – November

San Francisco

Dear Members of the California Alarm Association, I hope this message finds you all well and thriving in your respective endeavors. It is with great pleasure and excitement that I introduce to you our new Executive Director, Paige Pohlers Meek. Paige brings a wealth of experience and passion to our organization, and we are confident…

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