Avoiding Unreasonable Compensation
What’s a fair wage for an employee-shareholder? The IRS determines if compensation is reasonable on a case-by-case basis. Learn more in this Tax Tip.
Slightly Mixed Session
Stocks made mixed moves on Tuesday. Microsoft, Caterpillar, and JPMorgan Chase posted gains on the Dow. The S&P 500 also closed marginally in green territory. The Nasdaq shed some points, led lower by Apple. Trading was mixed in the wake of various economic data.