I picked up a new client (Contractor) who has an S Corp.
Upon review of the 2021 and 2020 S Corp tax returns, I can see that the prior accountant had his salary at $26,000 in 2020 and $89,000 in 2021 (fluctuating with income )
His income for 2022 is similar to 2020. However, I don't believe in adjusting salary based on what you make.
Just looking for some validation that the salary should be pretty steady year over year regardless of income.
I'm wondering if I can find some middle ground number and just stick with it going forward.