Yes, basic knowledge, but it is so good to get a refresher.
@sewingseeds.
2 ай бұрын
For an S Corp owner that has dual roles. 100% Shareholder and Employee. Is there a limited amount of draws they can take from profits per year? Will a high amount of draws flag them to pay taxes on that? I know someone that takes a larger amount of shareholder distributions than wages per month. Thank you so much!!!
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