How Do I Pay Myself and My Taxes as an S-Corporation?
xendoo
NOVEMBER 2, 2021
Under other business structures, you simply take a share of company profit as your payment. For example, if your business produced $100,000 in profit, you could take a reasonable salary of $40,000, and the remaining $60,000 as a distribution. Payments to non-shareholder employees. Salary , your wages or reasonable compensation.
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