Ie above what you could pay yourself as a reasonable salary?...	Rusted brunch windowlicker	07/10/20
...	Rusted brunch windowlicker	07/10/20
Pretty much.	Turquoise insanely creepy trust fund	07/10/20
What are you trying to do here? Split the brackets? Avoid pa...	cowardly area	07/10/20
A one member LLC without employees can elect to file as an s...	Rusted brunch windowlicker	07/10/20
cr	crystalline cheese-eating university	07/10/20
Cost of extra return plus discounted cost of getting caught ...	cowardly area	07/10/20
Lol caught doing what? My understanding is this is perfectly...	Rusted brunch windowlicker	07/10/20
Getting caught paying yourself a reasonable salary?	Turquoise insanely creepy trust fund	07/10/20
@realdonaldtrump: Some jurisdictions don't respect the S-cor...	Contagious Box Office	07/10/20
Sole prop and let do.	Godawful Frum Sneaky Criminal	07/10/20

Date: July 10th, 2020 4:21 AM Author: Rusted brunch windowlicker 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: Rusted brunch windowlicker (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581412)

Date: July 10th, 2020 3:19 PM Author: Turquoise insanely creepy trust fund Pretty much. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581466)

Date: July 10th, 2020 3:32 PM Author: cowardly area 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: Rusted brunch windowlicker 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: crystalline cheese-eating university cr (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40581961)

Date: July 10th, 2020 4:25 PM Author: cowardly area 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: Rusted brunch windowlicker 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: Turquoise insanely creepy trust fund 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: Contagious Box Office @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: Godawful Frum Sneaky Criminal Sole prop and let do. (http://www.autoadmit.com/thread.php?thread_id=4580622&forum_id=2#40582022)