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I'm an owner of S-Corp and I'm starting to pay my spouse
Hi, I'm an owner of S-Corp and I'm starting to pay my spouse with W2. I'm wondering if I can pay her in Cash or it has to be in check issued by the company? Thank you. *****: Which check are you inqui… read more
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Started a single member LLC in June 2019 and paid myself as a W2 employee. I filed a W2 already with the IRS. I have filed a w2c already and has been approved by IRS. I have not filed my taxes for 201… read more
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I own a small scorp and I took draws last year but now
i own a small scorp and I took draws last year but now realize it would be better if I paid myself a salary instead. Is it too late to do that for 2019 taxes? … read more
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I have used an external service (Incfile) to create my
I have used an external service (Incfile) to create my single member LLC. A couple of days and well within the 75 days, I asked incfule to send Form 2553 – S-corp tax election for the LLC. They claim … read more
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Paying children $5000 each from a sole proprietorship (self employment with EIN). What forms do I need to file other than w2, and do I need to pay any taxes in either NYS, or Federal? … read more
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I JUST OWN A LITTLE TROPHY BUSINNES AN I RECIEVED A LEVY FOR
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taxmanrog
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I have a C Corp and I own the sole owner. I am now preparing
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Lane, I have a new client. In late Jan 2016 he formed an LLC
Hi Lane, I have a new client. In late Jan 2016 he formed an LLC intending it to be an S Corp. His accountant only formed LLC for some reason. He is in California. He did no payroll in 2016 and got a 1… read more
Lane
Lane
JD, MBA, CFP, CRPS
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I started my own company this year and I decided to pay
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Hi RD, I have made a mistake that is potentially going to
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Hello, I have a C-Corp of which I have been paying myself.
Hello, I have a C-Corp of which I have been paying myself. The problem is that I need to report that income and file a W2 to reduce this compensation from the corporations taxable income. I believe it… read more
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I am in the process of completing a late c corp 1120 return.
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I own an s corp and did not pay myself a salary in 2011. I
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I am the Assistant Volunteer Treasurer at my church and have
I am the Assistant Volunteer Treasurer at my church and have been for many years. I've always filled out 941's and W2's for our Pastor and Organist until this tax year of 2008. So many high contributo… read more
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If I am a one-man corporation and I pay myself a salary, am
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My company Withheld Social Security Tax on employees ...
My company Withheld Social Security Tax on employees full salary of $133,000. I am trying to figure what to report on the employees W2 for 2006. The amounts on the W2 should agree with the 941s which … read more
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When calculating the monthly Federal 941 tax amount, ...
When calculating the monthly Federal 941 tax amount, when you have two employees do you add the Total Federal Withholding and then multiply the Medicare and Social Security by 2 or 4?… read more
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