If a solo S-corp has accumulated earnings from past years, but no earnings in the current year, are they required to pay wages in the current year? How would distributions work?
For a small busines S-Corp, what is the best way to handle personal expenses that accidentally came through a business account?
Paid back 2/3's of money withdrawn from 401K for covid hardship withdrawl in 2020. How do I represent this for year 2021 taxes so I no longer owe taxes on the 1/3 from 2021?