In the last year the IRS has been targeting S Corp owners who take low salaries so they can receive the bulk of their income in corporate dividends, which are not subject to payroll taxes. These cases are being found and prosecuted.
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Posts Tagged reasonable salary
Free LLC Operating Agreement
If you are starting a business, one of most important things you'll want is PROTECTION! The LLC is by far the BEST asset protection vehicle for your business and can SAVE you THOUSANDS per year in taxes.
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