S Corp Election
Technique
"Our founder, we tell her to switch to an S corp election. Now, she pays herself a reasonable salary of, let's say, 150K. Still hits with the payroll tax, but takes the remaining $350,000 as distributions."
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Technique
"Our founder, we tell her to switch to an S corp election. Now, she pays herself a reasonable salary of, let's say, 150K. Still hits with the payroll tax, but takes the remaining $350,000 as distributions."
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