Hi there!

An S-Corp has not filed a return since 2013. The client is now needing to get caught up and is asking me for help. I know that an S-Corp shareholder is supposed to take a reasonable wage but what do you do if the years have already passed and they never took a wage? All the way back to 2014! 

Do I need to worry about any years that she incurred a loss? 

Thanks in advance!

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