Look at this article in Accounting Today by Michael Cohn about audit results of S Corporation by the IRS:
http://www.accountingtoday.com/news/irs-audits-s-corporations-unproductive-taxprotoday-63396-1.html?ET=webcpa:e2742:204199a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_072512
If this is the case, maybe everyone should be an S Corporation. Also the IRS may reduce S Corporation audits in the future. If you would like to talk about this, call or email me and we can discuss it.
Remember, You can count on us to count for you!
email bstonercpa@sbcglobal.net phone 818-317-6035