We are looking at an S Corporation for our business. How does the S corporation taxes work when some receive a salary while some gets annual payment on any profits?
Subchapter S corporation reduce substantially the payroll, or employment taxes, that business owners pay when shareholder salaries get set to a modest level. But you need to be reasonable. The IRS watches S corporation shareholder-employee salaries very, very closely.
Considering the idea of forming an S corporation in California? While you may be able to save lots of money on payroll taxes with an S corporation, you do need a good handle on three, specific to California S corporation issues
Learn more about S Corporations (S Corp.) and Limited Liability Companies (LLC), and decide if one of these business structures is right for your small business.
Your choice of whether your business should be a proprietorship, a partnership or a corporation is important. Learn the advantages and disadvantages of each legal structure.
An S Corporation delivers three principal advantages for the small business owner. Learn how your small business can benefit from an S Corporation business structure.
We have a former employee that has gotten his Certified Contractors license, which my husband nor I have, that wants us to be able to use his license to further our business interests. How do we go about this?
If I form an LLC and elect to be taxed as a S Corp, will I be able to partake of the Self Employment Tax Savings as well as the management ease of a LLC?
I plan to form an S Corp when the store opens, but file a sole proprietorship now for tax purposes. How do I change business structure from sole proprietorship to S corporation?
We have a small S-corp with 3 partners. What is the process to issue employee stock options for an S-corporation?