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An Officer Of A Corporation Or LLC Is A “Statutory …

    https://www.robertschriebman.net/articles/an-officer-of-a-corporation-or-llc-is-a-statutory-employee/
    Not likely. The overwhelming majority of people who work as officers of a corporation or an LLC are deemed to be employees under the law. That’s what being a “statutory employee” is all about. Both California and federal law say you must be an employee.

Is an Officer of a Corporation An Employee? - Axis Legal …

    https://axislc.com/public/is-an-officer-of-a-corporation-an-employee/
    f the person performing the officer duties is a member, then they will not be an employee and not be considered an employee, because there is a specific IRS regulation that prohibits LLC members from taking wages as employees. On the other hand, if the officer duties are being performed by someone who is not a member of the LLC, such as an outside hire, then …

Exempt Organizations: Who Is a Statutory Employee?

    https://www.irs.gov/charities-non-profits/exempt-organizations-who-is-a-statutory-employee
    A home worker performing work on material or goods furnished by the employer. An employer should indicate on the worker's Form W-2 whether the worker (other than a corporate officer) is classified as a statutory employee. Non-officer statutory employees report their wages, income, and allowable expenses on Schedule C (or Schedule C-EZ), Form 1040. They are not …

IS A CORPORATE OFFICER AN EMPLOYEE? - ALBURO LAW

    https://www.alburolaw.com/is-a-corporate-officer-an-employee
    In this case, the Supreme Court ruled stating the following: “ The president, vice-president, secretary and treasurer are commonly regarded as the principal or executive officers of a corporation, and modern corporation statutes usually designate them as …

Who is considered a “statutory employee” in California?

    https://www.shouselaw.com/ca/blog/what-is-a-statutory-employee-in-california/
    Additionally, other sections of the Unemployment Insurance Code state that people in the following roles are also statutory employees in California: an officer of a corporation, other than the director, [2]

Statutory Employee Definition

    https://www.investopedia.com/terms/s/statutory-employee.asp
    A statutory employee is an independent contractor who is considered an employee for tax withholding purposes. An individual must meet certain criteria to …

S Corporation Employees, Shareholders and Corporate …

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
    The definition of an employee for FICA (Federal Insurance Contributions Act), FUTA (Federal Unemployment Tax Act) and federal income tax withholding under the Internal Revenue Code include corporate officers. When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. …

Statutory Employee | UpCounsel 2022

    https://www.upcounsel.com/statutory-employee
    A statutory employee is able to deduct their business expenses against their income on Schedule C, just like independent contractors. But just like employed individuals, statutory employees only have to pay half of their Medicare and Social Security taxes since their employer is paying the other half. Even though a statutory employee is not a ...

What Is a Statutory Employee? - The Balance Small …

    https://www.thebalancesmb.com/statutory-employees-hiring-pay-and-taxes-398454
    A statutory employee is a cross between an independent contractor and an employee. The IRS classifies only four different categories of an employee who can be considered statutory: A driver who distributes beverages (other than milk) or meat, vegetable, fruit, or bakery products; or who picks up and delivers laundry or dry cleaning, if the ...

26 CFR § 31.3121(d)-1 - Who are employees. | CFR | US …

    https://www.law.cornell.edu/cfr/text/26/31.3121(d)-1
    Generally, an officer of a corporation is an employee of the corporation. However, an officer of a corporation who as such does not perform any services or performs only minor services and who neither receives nor is entitled to receive, directly or indirectly, any remuneration is considered not to be an employee of the corporation.

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