Question
S-Corporations are entities that pass through their income and deductions to their corporation shareholders. They are required to pay the S Corporation owners a reasonable
S-Corporations are entities that "pass through" their income and deductions to their corporation shareholders. They are required to pay the S Corporation owners a reasonable salary.
Read the following article from the Motley Fool. the article is entitled S-Corporation, Beware!
Do you think all S-Corporations are trying to beat FICA?
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Intermediate Accounting IFRS
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
3rd edition
1119372933, 978-1119372936
