billyoung
Level 1
07-26-2022
02:03 PM
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the instructions for the 1125-E address publicly held corp officer compensation only
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sjrcpa
Level 15
07-26-2022
02:11 PM
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Because that rule only applies to publicly held corporations.
The more I know the more I don’t know.
billyoung
Level 1
07-26-2022
02:54 PM
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thank you
sjrcpa
Level 15
07-26-2022
03:49 PM
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You're welcome.
Just remember that the compensation needs to be reasonable and not a disguised dividend.
The more I know the more I don’t know.