Be cautious about setting your salary too just because you're in your first year. I agree with Andrew that you can wait until the latter part of the year to determine what is reasonable, but there is a history of the IRS hammering sole shareholder professionals (attorneys in particular) who set their wages very low. The last thing you need your first year is to have the IRS down your back.

Also, just because your specialty has a benchmark for your salary, what you pay yourself will also be measured against what's reasonable given your practice's results. If you do twice the normal patient volume of a benchmark practice, what is "reasonable" for you will be measured accordingly.

Zip Code: 43085

See the article re: a CPA who got greedy.

http://online.wsj.com/article/SB10001424052748703951704576092371207903438.html?mod=WSJ_PersonalFinance_PF5#articleTabs%3Darticle

Zip Code: 43085