Thanks "TaxGuyBill", you have been very helpful.I have an accountant who will do all of this for me but I like to be well informed before the process begins.Hav...
Hi, the business is setup as an S Corp- me as President (98% shares) and my daughter as VP (2% shares).We pay ourselves via W2.Maybe the K1 doesn't even come in...
I am curious about what happened here because I still have the same question.How are K1 and W2 distinctly different types of income and what did the 'tax guy' s...
