Quote:
Originally Posted by DRU
I really think you need to find a new CPA, or at least bring this up and discuss it more detail with her. You're potentially giving Uncle Sam a lot of money you don't need to be.
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Ummmm... No. The main reason I have the S-Corp is to retain earnings and service debt without the burden of SE tax. I do most of my work in the S-Corp, so my wage needs to be pretty high to be reasonable. I'm good.
Besides I work for her during tax season and she pays me (more than I pay myself).