That does sound like 941 is required from the right beginning of a S Corp.Well, if there is no profit for a while, and one has to pay himself some salary, there...
Sorry for my vague expression. What I meant was when I logged in, I saw, for my 2020 tax return, I saw my 1040 submitted by me, 1040 approved by IRS, tabs of "a...
Eventually I found the ultimate source: the tax code.IRC.§ 1.280F-6 (c) (3) clearly indicates that "for compensation or hire" means to what can be included in p...
@AmeliesUncleThank you for your explanation. Very sound.And actually I really rarely use that car for personal use, but definitely not zero. So, to me, probably...
Thank you for your reply. I actually understand the depreciation part, just not understand the real meaning of the sentence of form 4562 instructions as quoted ...