Below is information about DO OFFICERS OF A CORPORATION HAVE TO BE PAID SALARY from a variety of sources. Please take a look at the materials that our team has selected for you.
https://www.hallkistler.com/s-corporation-officer-must-take-a-salary/#:~:text=If%20you%20work%20for%20the%20corporation%2C%20you%20generally,aggressive%20in%20auditing%20S%20corporations%20on%20this%20point.
https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. The fact that an officer is also a shareholder does not change this requirement. Such payments to the corporate officer are treated as wages. Courts have consistently held S corporation officers/shareholders who …
https://legalbeagle.com/12722375-do-you-have-to-pay-officers-salaries-out-of-s-corporations.html
Shareholders who are also employees of the corporation must pay employment taxes even when compensation is paid in a form other than wages, such as through distributions or dividends. If you don't pay compensation as wages but erroneously as something else, the IRS can deem that compensation to be wages after the fact and charge employment taxes on the amount that …
https://www.hallkistler.com/s-corporation-officer-must-take-a-salary/
If you work for the corporation, you generally must take a salary. An officer who performs more than minor services for a corporation, and who receives remuneration in any form, is considered an employee and is subject to employment taxes. In recent years, the IRS has become more aggressive in auditing S corporations on this point.
https://axislc.com/public/is-an-officer-of-a-corporation-an-employee/
The answer to this question is “Generally yes, but it depends,” but to help you understand why, and when an officer of the corporation would NOT be an employee, it is important to discuss the legal issues at play. Rules are Different for Corporations than LLCs
https://www.thebalancesmb.com/what-is-a-reasonable-salary-for-an-s-corporation-officer-397939
Each year, when you complete the income tax forms for your corporation or S corporation, you must report corporate officer salaries if the corporation's total receipts are $500,000 or more.
https://www.robertschriebman.net/articles/an-officer-of-a-corporation-or-llc-is-a-statutory-employee/
If you are an officer of a small corporation or LLC, you are by law deemed to be a “statutory employee”. You must have federal and state employment and withholding taxes taken from your paycheck; the employer – the corporation or LLC – must pay the …
https://www.nnoa-camppendleton.org/officer/what-is-officer-compensation-for-c-corporation-question.html
Officers of C corporations are strictly paid on a salary basis. They may be able to obtain bonuses, but their primary source of income is their salary. In an S corporation, an owner can choose to take regular draws or distributions in addition to their normal salary.
https://ttlc.intuit.com/community/business-taxes/discussion/does-a-officer-of-a-c-corporation-have-to-report-all-compensation-for-payroll-tax-purposes-or-can-a/00/672234
Yes, according to the IRS website ( Paying Yourself ), "An officer of a corporation is generally an employee, but an officer who performs no services or only minor services, and who neither receives nor is entitled to receive any pay, is not considered an employee."
https://www.irs.gov/pub/irs-news/fs-08-25.pdf
corporate officer be treated as wages. Courts have consistently held that S corporation officer/shareholders who provide more than minor services to their corporation and receive or are entitled to receive payment are employees whose compensation is subject to federal employment taxes. The Treasury Regulations provide an exception for an officer of a corporation who does …
https://www.nolo.com/legal-encyclopedia/s-corporations-salaries-an-irs-hot-button-issue.html
Unfortunately, many S corporation owners went overboard and had their corporations pay them no employee compensation at all, thus avoiding having to pay any payroll taxes. The IRS Inspector General found that in 2000 about 440,000 single shareholder S corporations paid no salary to their owners, costing the government billions in lost payroll taxes.
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