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Started By
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Self employment tax, best structure to have in place to eliminate??
Posted on 1/20/17 at 9:44 am
Posted on 1/20/17 at 9:44 am
I have a vague plan, but want to try to see if there are any other actions I could take aside from the S corp option. That is all I have been advised of at this point, and before I started the process wanted to bounce it off the Money Talk gurus.
4
Posted on 1/20/17 at 10:20 am to tigerfoot
Interested as well. LLC w/ S Corp election is only method ive tossed around.
Posted on 1/20/17 at 1:57 pm to tigerfoot
LLC distribution.
Posted on 1/20/17 at 3:12 pm to tigerfoot
I'm an LLC that is treated like an SCorp. Works great for me.
Posted on 1/21/17 at 11:03 am to tigerfoot
If you make no money, you pay no S/E tax =)
Do you have employees?
Be advised, both the IRS and the states are talking a long, hard look at S Corp shareholder-employees salaries and just how "reasonable" they are.
Remember the old saying, pigs get fat, hogs get slaughtered!
Do you have employees?
Be advised, both the IRS and the states are talking a long, hard look at S Corp shareholder-employees salaries and just how "reasonable" they are.
Remember the old saying, pigs get fat, hogs get slaughtered!
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