Business, 28.11.2019 06:31 Jasten

Patrick, an attorney, is the sole shareholder of gander corporation, a c corporation. gander is a personal service corporation with a fiscal year ending november 30 (pursuant to a § 444 election). the corporation paid patrick a salary of $180,000 during its fiscal year ending november 30, 2018. how much salary must gander pay patrick during the period december 1 through december 31, 2018, to permit the corporation to continue to use its fiscal year without negative tax effects?

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Patrick, an attorney, is the sole shareholder of gander corporation, a c corporation. gander is a pe...

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