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Old 04-28-2005, 07:06 PM
brazilio brazilio is offline
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Join Date: Apr 2005
Posts: 1,082
Default Re: Accountant Suggests S-Corp

I don't see how that's different than the LLC's wages. However, I'm sure you're subject to the same requirements that an LLC has, where the wages you provide yourself have to be reasonable to an auditor. I have no idea how an auditor would look at your own wages, but I think it's going to be pretty unreasonable for you to expect to keep that portion untaxed. I run a construction business as an LLC, and if we're not in relative proximity to working wages, any auditor is going to poop in my face.
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