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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.

Exempt Organizations: Compensation of Officers - IRS tax forms

    https://www.irs.gov/charities-non-profits/exempt-organizations-compensation-of-officers
    Feb 02, 2021 · 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 indirectly, any remuneration, is not an employee of the corporation.

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.

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 …

Definition of a Corporation Internal Revenue Service

    https://www.irs.gov/charities-non-profits/definition-of-a-corporation
    Feb 02, 2021 · Definition of a Corporation. In general, a corporation is formed under state law by the filing of articles of incorporation with the state. The state must generally date-stamp the articles before they are effective. You may wish to consult the law of the state in which the organization is incorporated. Note that for a corporation to qualify ...

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.

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