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WHOSE COMPENSATION IS IT?


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Guest CHRISTIE BOSS
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A NEW BUSINESS WAS STARTED AND IS PART OF A RELATED GROUP OF CORPORATIONS. EACH COMPANY MAY DECIDE ON ITS OWN DISCRETIONARY PROFIT SHARING CONTRIBUTION (AS LONG AS COVERAGE TEST PASSES). IF PART OF THE NEW COMPANIES START-UP PAYROLL WAS PAID FROM ANOTHER RELATED COMPANY AND THE NEW COMPANY REIMBURSED THE PAYING COMPANY, WHOSE COMP IS IT? I FEEL IT IS THE NEW COMPANY'S COMP FOR CONTRIB ALLOCATION PURPOSES BECAUSE THAT IS WHERE THE HOURS WERE WORKED.

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