So Loren's post has some good information. I want to be clear though, that when you have an S-Corp, you must pay yourself a salary, which is reported on a W-2. ...
Congrats on opening your LLC! Many S-corp owners outsource payroll to a payroll administrator that handles the quarterly and annual payroll tax filings. This is...
Hi hzfess!
Excellent question.
1. The specific amount that you will need to pay, however, will depend on many factors, including the amount of wage earnings a...
Hi JPSL!
Are you trying to make a claim to receive unemployment? Are you a W-2 employee? Are you self-employed and need to make estimated tax payments to the IR...
Hi Thesharps!
Congrats on taking the step to protect your business by forming the LLC!
Merely forming the LLC does not have any tax impact, unless you are comp...