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To switch your business from an LLC to an S corporation, you’ll need to do the following.
Whether or not you decide to pay yourself using an LLC or S Corp depends on your business needs and goals and your unique tax circumstances.
CPAs can help their clients determine what is a reasonable salary to pay shareholder employees (SEs) of S corporations, thus satisfying an IRS priority to collect proper amounts of employment taxes.
Freddie Mac (the Federal Home Loan Mortgage Corp.) is a government-sponsored enterprise that purchases, guarantees, and ...