Owning an S Corporation or LLC can seem like the dream. For many business owners, it means lower taxes, flexibility, and protection. But here is the problem: one wrong move can unravel everything. The IRS knows exactly where small businesses slip up, and when they do, the consequences can be severe.
That is why business owners call Steve Perry, EA. He has built his career on untangling complicated tax issues, defending clients against the IRS, and helping entrepreneurs avoid mistakes before they become disasters. If you are worried about your tax compliance, now is the time to act.
Call Steve at (678) 717-9818 or Message him directly on LinkedIn www.linkedin.com/in/steveperrybtm
The Hidden Dangers of S Corp & LLC Taxation
The S Corp “Reasonable Compensation” Trap
One of the biggest pitfalls for S Corporations is failing to pay the owner a reasonable salary. Too many taxpayers report little or no wages and take all income through distributions. It might feel like smart tax planning, but the IRS views it as tax avoidance. The result? Painful payroll tax assessments, penalties, and years of back interest.
LLCs and the Self-Employment Tax Surprise
LLC owners often assume they are shielded from big tax burdens. But without the right election and structure, your “limited liability company” may expose every dollar of profit to self-employment tax. That can mean thousands lost each year and once the IRS notices, the door opens for audits.
Commingling Funds and Corporate Formalities
Both S Corps and LLCs require respect of corporate formalities. Mixing personal and business expenses or ignoring required record-keeping can result in the IRS striking down your protections. That means not just tax penalties, your personal assets could be treated as fair game.
The Real Consequences of Breaking the Agreement with the IRS
Breaking the tax agreement that comes with choosing S Corp or LLC status is not like misplacing your checkbook. It is a direct violation that invites the IRS into your business. Once they step in, you face:
- Audits that consume months of your life
- Back taxes that wipe out savings
- Penalties that double or triple your bill
- The IRS questioning whether your entity should exist at all
Many business owners underestimate this. They do not see the risk until the IRS has a case file open in their name. By then, the fight feels overwhelming, emotional, and frightening.
This is where Steve Perry, EA stands apart.
Steve Perry, EA: The Calm in the Storm
While others panic, Steve brings a steady hand. With more than a decade of experience representing taxpayers, he communicates directly with IRS agents, dismantles their claims point by point, and finds solutions that protect businesses and their owners. He does not rely on gimmicks or shortcuts, only seasoned expertise and a track record of wins.
Clients who have worked with Steve say he not only fought for them, but he also gave them peace of mind when the IRS wanted to take everything. That is what makes Steve different. He is not just a tax professional. He is a fighter who refuses to let small business owners be bullied.
If your S Corp or LLC is on shaky ground, waiting only makes things worse. Talk with Steve today.
Email Steve directly, call (678) 717-9818, or connect on LinkedIn at www.linkedin.com/in/steveperrybtm
Final Word: Protect Your Business Now
S Corps and LLCs can be powerful tax-saving vehicles, but they come with strict obligations. Break the agreement, whether intentionally or by accident, and the IRS will find you. The choice is clear, act now to shore up your compliance and redirect the power back into your hands.
Business owners across Atlanta trust Steve Perry, EA to handle what feels impossible, IRS disputes, payroll tax nightmares, and corrective filings. You do not need to face the IRS alone, and you do not need to live in fear.
The moment you call, Steve takes the IRS burden from you. That is why he is the professional to have in your corner.
Call today: (678) 717-9818 | Email steve@bookstaxesatl.com | Message Steve directly on LinkedIn: www.linkedin.com/in/steveperrybtm
Tax Delete USA 
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