![](https://gyf.com/wp-content/uploads/2017/01/money-target-bullseye-greedy-rev-300x135.png)
![Katie Krizmanich](https://gyf.com/wp-content/uploads/2020/08/Sprow-5-18-scaled-e1597349951509-150x150.jpg)
IRS Targeting Overstatement of Compensation in Personal Service Corporations
Regular corporations, which are taxed as separate legal entities and more commonly known as “C corporations” (since they are taxed under Subchapter C of the Internal Revenue Code), were once