For S-Corp shareholders, the option to take a distribution instead of payroll might sound appealing. Why? This route seems like a sure way to avoid paying additional taxes related to payroll.
However, tax law requires that S-Corp shareholders take (and pay related payroll taxes on) wages equal to reasonable com- |
What??
Check out this video to learn more. And if you have any questions or concerns about your exposure to tax liabilities for your S-Corp, please schedule a complimentary consultation to review your situation.
|
|