Whether to hire an independent contractor or an employee is a commonly asked question by Entrepreneurs. There are many costs and benefits with either side, so the decision must be aligned with your Company’s goals. Hiring a contract worker can help your company reduce its payroll obligations,
Read more →Taxable income as calculated on the U.S. Federal Return for an S corporation flows through to its shareholders and is taxed at the individual level, not subject to self-employment tax. Because the income from the S Corporation is taxed when it is reported on the federal tax return
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