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Re: Question About Officer Compensation.
I would be tempted not to pay her through the company as you will be burdened with the additional Soc Sec taxes et al. Since you are an S Corp, the taxation treatment is passed straight through to you from the profits of the business. So unless you need to do this for sanity reasons, I would not do it, as you are burdening yourself with tax you do not need to bear as a couple.-
Re: Question About Officer Compensation.
I agree with you. But doesn't IRS require that all corporation Officer must be paid a "fair componsation".-
Re: Question About Officer Compensation.
Absolutely correct - but fair compensation should also take into account work expended and committed to the company rather than just a title. If the spouse is on the books as an employee only for items such as signatory support / banking et al, then a minimal amount may suffice. I would not get drawn in there unless the spouse was full time billing in the consulting also.
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