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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 · The definition of an employee for FICA (Federal Insurance Contributions Act), FUTA (Federal Unemployment Tax Act) and federal income tax withholding under the Internal Revenue Code include corporate officers. When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. The fact that an officer is also a shareholder does not change this requirement. Such payments to the corporate officer …

Exempt Organizations: Compensation of Officers - IRS tax forms

    https://www.irs.gov/charities-non-profits/exempt-organizations-compensation-of-officers
    Feb 02, 2021 · As used here, the term officer includes anyone who holds a position of trust, authority, or command within an organization. The Internal Revenue Code defines corporate officers as employees for FICA, FUTA, and FITW purposes. However, an officer of a corporation who does not perform any services or performs only minor services and who neither receives nor is entitled to receive, directly or …

Wage Compensation for S Corporation Officers - IRS tax forms

    https://www.irs.gov/pub/irs-news/fs-08-25.pdf
    Generally, an officer of a corporation is an employee of the corporation. The fact that an officer is also a shareholder does not change the requirement that payments to the corporate officer be treated as wages. Courts have consistently held that S corporation officer/shareholders who provide more than minor services to their corporation and receive or are entitled to receive payment are employees …

Who Is Considered a Corporate Officer?

    http://news.blueridgeesop.com/blog/who-is-considered-a-corporate-officer
    The Definition of Corporate Officer The term officer means “an administrative executive who is in regular and continued service” as defined in Treas. Reg. §1.416-1, T-13. An employee’s status as an officer shall be determined upon all facts including “the source of his authority, the term for which elected or appointed, and the nature ...

26 CFR § 31.3121(d)-1 - Who are employees. CFR US Law ...

    https://www.law.cornell.edu/cfr/text/26/31.3121(d)-1
    Generally, an officer of a corporation is an employee of the corporation. However, an officer of a corporation who as such does not perform any services or performs only minor services and who neither receives nor is entitled to receive, directly or indirectly, any remuneration is considered not to be an employee of the corporation.

About Form 1125-E, Compensation of Officers - IRS tax forms

    https://www.irs.gov/forms-pubs/about-form-1125-e
    Dec 15, 2020 · Information about Form 1125-E, Compensation of Officers, including recent updates, related forms, and instructions on how to file. Certain entities with total receipts of $500,000 or more use Form 1125-E to provide a detailed report of the deduction for compensation of officers.

Corporations Internal Revenue Service

    https://www.irs.gov/corporations
    Corporate Executive Compliance. The Internal Revenue Service is taking steps to improve tax compliance by corporations and their executive employees. One area of emphasis is executive compensation, for which audit technique guides have been developed for use by agents in examining tax returns filed by corporations and executives.

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