Pathfinding Consultants

Pathfinding Consultants | Business Tax Preparation & Bookkeeping | Orange County, CA | June 2026 Source: IRS Publication 583 | IRS Publication 463 | IRC §6001 | IRC §162 | IRS.gov IRS DISCLAIMER: This blog is for general informational purposes only and does not constitute tax advice. Tax laws are complex and subject to change. Every business situation is different. Please consult a qualified tax professional before making any tax decisions. For official IRS guidance visit irs

Pathfinding Consultants | Business Tax Preparation | Orange County, CA | June 2026 Source: IRC §280A(g),(a),(c)(1),(c)(6),(d),(f)(1) | IRC §162 | IRC §6001 | IRS Topic No. 415 | Rev. Proc. 2008-16 | IRS Chief Counsel guidance (PMTA / PLR 200120700) | Prop. Reg. §1.280A-1(c) The Augusta Rule — IRC §280A(g) — is widely discussed online, and much of what circulates is incorrect. This blog separates what the IRS sources actually support from common ideas that do not hold up, and

Pathfinding Consultants | Business Tax Preparation | Orange County, CA | June 2026 Source: IRC §280A(g) | IRC §280A(a) | IRC §162 | IRC §6001 | IRS Topic No. 415 | IRS Chief Counsel INFO 2006-0012 | Rev. Proc. 2008-16 | IRS Publication 527 The Augusta Rule is a common name for a provision in the Internal Revenue Code, Section 280A(g). It is named after Augusta, Georgia, where homeowners have historically rented their homes during a well-known annual golf tournament. This blog

Pathfinding Consultants | Business Tax Preparation | Orange County, CA | June 2026 Source: IRS.gov | IRS Publication 947 | National Association of Enrolled Agents (NAEA) IRS DISCLAIMER: This blog is for general informational purposes only and does not constitute tax advice. Tax laws are complex and subject to change. Every business situation is different. Please consult a qualified tax professional before making any tax decisions. For official IRS guidance visit irs.gov. When

If you own an S-corporation, the IRS requires you to pay yourself a reasonable salary for the work you perform — before you take any distributions from the business. This is not optional, and it is one of the most actively audited areas of S-Corp tax compliance. Getting it wrong does not just create a tax problem. It creates a payroll tax problem, an interest and penalty problem, and in some cases a reclassification problem where the IRS recharacterizes your distributions as