Approximately 40% of people who get Social Security are required to pay federal income taxes on their benefits. The above takes place when you have OTHER INCOME...
In addition, in general,having PROPERTY or PAYROLLin a state is sufficient to create nexus.The above is also applicable to employees who travel to a state for w...
FIRSTLY, a corporation or other entity eligible to be treated as a corporation files IRS Form 2553 to make an election under section 1362(a) to be an S corporat...
Both C-Corporations and S-Corporations are subject to reasonable compensation guidelines/rules. The S-Corporation, however, is a Pass-Through-Entity, and as suc...
As a C-Corporation, per IRS Regulations, Owner-Operators (actively involved members performing services) of a C Corporation MUST receive a W-2 (with the appropr...