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re: Business structure: LLC or S-corp?
Posted on 7/19/14 at 11:22 am to Poodlebrain
Posted on 7/19/14 at 11:22 am to Poodlebrain
S-Corps do not have dividends. Sorry. You're going to pay ordinary income tax on distributions, and also on any retained earning even if they aren't distributed.
You could try to pay the tax rate on dividends, but I'd caution you against this. Basically because it would constitute tax fraud.
You could try to pay the tax rate on dividends, but I'd caution you against this. Basically because it would constitute tax fraud.
1
Posted on 7/19/14 at 5:15 pm to Iowa Golfer
quote:
S-Corps do not have dividends.
Probably was referring to distributions.
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