Looking for information about CAN OFFICERS OF AN S CORPORATION BE SELF EMPLOYED? Follow the links below to find all the information you are interested in. Addresses, telephones, emails, working hours and other useful information.
S Corporation Employees, Shareholders and Corporate Officers
- https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
- Mar 16, 2021 · Ghosn v. Comm’r, T.C. Memo. 1995-192. Purported “loans” from S corporation to its sole shareholder, officer, and director, were wages for purposes of FICA and FUTA taxes. The loans were unsecured demand notes bearing no interest, loans were made entirely at the discretion of shareholder, and the shareholder regularly performed substantial ...
S Corporation Compensation and Medical Insurance Issues ...
- https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-compensation-and-medical-insurance-issues
- A 2-percent shareholder-employee is eligible for an above-the-line deduction in arriving at Adjusted Gross Income (AGI) for amounts paid during the year for medical care premiums if the medical care coverage was established by the S corporation and the shareholder met the other self-employed medical insurance deduction requirements.
S Corporations Internal Revenue Service
- https://www.irs.gov/businesses/small-businesses-self-employed/s-corporations
- Feb 16, 2021 · S corporations are responsible for tax on certain built-in gains and passive income at the entity level. To qualify for S corporation status, the corporation must meet the following requirements: Be a domestic corporation. Have only allowable shareholders. May …
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