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This is a question for a cpa. My wife passed away May1st and
This is a question for a cpa. My wife passed away May1st and I am entitled to get survivor benefits from Social Security. I am 62-1/2. I am self employed part time work, and my net income from that LL… read more
Lev
Lev
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I have an s Corp that I own 100 percent of the stock and get a very reasonable w2. What do I base the sep contribution on ? The profit of the scorp or my W2? … read more
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Dr. Fiona Chen
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I have a small (side) business through which I have a SEP
I have a small (side) business through which I have a SEP IRA. I also am employed full time.It has come to my attention this year that I may have been contributing too much to my SEP IRA last year.Las… read more
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An Single member S-Corp is an employee of the S-Corp who
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If i accidentally funded my sep from when i was a sole
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Lane
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I have a client that has an S corp where he is the only
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Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
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I own and am the only employee of an s-corp. Is there a way
I own and am the only employee of an s-corp. Is there a way that would benefit my bot***** *****ne more financially if I set something up through the company or am I ok just doing something tax-free o… read more
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We my husband and I have a S-Corp. The W2 employees are myself,
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Robin D.
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there! I am the sole owner of an S-corp, and I have a
Hello there! I am the sole owner of an S-corp, and I have a SEP IRA. I took W2 wages of 144k in 2014, along with other cash draw distributions. I need to figure out: 1 - How much can the S-corp contri… read more
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If I own an S Corp and I contribute to a SEP can I claim that
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I own a small business where Im the sole employee drawing a
I own a small business where Im the sole employee drawing a salary and filing as an S CORP. What type IRA can I set up through my company to enable me to save money while gaining a deduction off my ne… read more
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Follow up question...How much of the 49k may the shareholder
Follow up question...How much of the 49k may the shareholder deduct? The 49k deduction will throw the scorp into a loss...Is that allowable??Please let me know… read more
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I am a single owner S-Corp (100% ownership). I opened a personal
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socrateaser
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The IRS has recently completed an audit of our personal tax returns for the years 2002, 2003 and 2004. This audit focused on where the deduction for the SEP retirement plan was taken. The audit brough… read more
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