The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Solos: no brainer to file as an s-corp for tax purposes if you make above 100k?
| .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, | 07/10/20 |
| .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, | 07/10/20 |
| IronMonkey | 07/10/20 |
| sporting table puppy pants | 07/10/20 |
| .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, | 07/10/20 |
| GnosticBatFraudWang | 07/10/20 |
| sporting table puppy pants | 07/10/20 |
| .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, | 07/10/20 |
| IronMonkey | 07/10/20 |
| ,.,.,.,.,.,.,.,,;,,.,.,.,.,., | 07/10/20 |
| ,,,,....,..,...,....,. | 07/10/20 |
Poast new message in this thread
Date: July 10th, 2020 4:21 AM Author: .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, Ie above what you could pay yourself as a reasonable salary? (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40578582) |
Date: July 10th, 2020 3:12 PM Author: .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581412) |
|
Date: July 10th, 2020 3:19 PM Author: IronMonkey Pretty much. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581466) |
|
Date: July 10th, 2020 3:32 PM Author: sporting table puppy pants What are you trying to do here? Split the brackets? Avoid payroll tax? If you're truly a solo this is largely bullshit, you're not performing any management activities. Though you'll probably never be called on it. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581559) |
 |
Date: July 10th, 2020 4:15 PM Author: .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, A one member LLC without employees can elect to file as an s corp with the member paying himself a salary as the only employee. My understanding is doing that exposes the member to payroll taxes only on that amount paid in salary instead of the gross income generated by the LLC that tax year. If youre making well above whatever a reasonable salary would be, that would seem to save you quite a bit in payroll taxes. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581955) |
|
Date: July 10th, 2020 4:15 PM Author: GnosticBatFraudWang cr (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581961) |
|
Date: July 10th, 2020 4:25 PM Author: sporting table puppy pants Cost of extra return plus discounted cost of getting caught and paying penalties plus cost of future lost social security payments makes this a borderline bet imo. But good luck. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40582050) |
|
Date: July 10th, 2020 4:26 PM Author: .,.,.,.,,,.,,.,.,.,.,.,,.,,.,,.,,.,,.,.,,, Lol caught doing what? My understanding is this is perfectly legal. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40582058) |
|
Date: July 10th, 2020 4:41 PM Author: IronMonkey Getting caught paying yourself a reasonable salary? (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40582156) |
|
Date: July 10th, 2020 3:34 PM Author: ,.,.,.,.,.,.,.,,;,,.,.,.,.,., @realdonaldtrump: Some jurisdictions don't respect the S-corp election. BE CAREFUL! (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581583) |
|
Date: July 10th, 2020 4:22 PM Author: ,,,,....,..,...,....,. Sole prop and let do. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40582022) |