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https://ttlc.intuit.com/community/business-taxes/discussion/does-a-officer-of-a-c-corporation-have-to-report-all-compensation-for-payroll-tax-purposes-or-can-a/00/672234#:~:text=Yes%2C%20according%20to%20the%20IRS%20website%20%28Paying%20Yourself%29%2C,receive%20any%20pay%2C%20is%20not%20considered%20an%20employee.%22
https://www.raymondcapaldi.com.au/c-corporate-office/can-you-non-compensate-a-corporate-officer.html
Jun 23, 2017 · A nonprofit’s bylaws may or may not address the question of director and officer compensation. Some bylaws prohibit any payments except for (a) reimbursement of expenses or (b) services provided other than as a director or officer.Estimated Reading Time: 8 mins Wage Compensation for S Corporation Officers
https://www.irs.gov/charities-non-profits/exempt-organizations-compensation-of-officers
The Internal Revenue Code defines corporate officers as employees for FICA, FUTA, and FITW purposes. However, an officer of a corporation who 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 not an employee of the corporation.
https://wagenmakerlaw.com/blog/pay-or-not-pay-compensating-nonprofit-directors-and-officers
It is not compensation, but rather merely coverage for legitimate nonprofit expenses. As a matter of internal policy, some nonprofits may ask their directors and officers to personally pay for these expenses themselves, but such practice is not legally required.
https://www.irs.gov/pub/irs-news/fs-08-25.pdf
Generally, an officer of a corporation is an employee of the corporation. The fact that an officer is also a shareholder does not change the requirement that payments to the corporate officer be treated as wages. Courts have consistently held that S corporation officer/shareholders who provide more than minor services to their corporation and
https://www.robertschriebman.net/articles/an-officer-of-a-corporation-or-llc-is-a-statutory-employee/
Many accountants unfortunately have developed a technique whereby they pay out a relatively small amount of compensation to corporate officers and withhold taxes from that small portion. The accountant issues a W-2 for the smaller portion. The rest of the compensation is paid out in the form of a bonus and a 1099 is issued.
https://axislc.com/public/is-an-officer-of-a-corporation-an-employee/
Generally, the level of degree and control over the officer negates the legal elements that need to be present for the person to be categorized as an independent contractor; and very few businesses are the type of businesses for which officers provide services for free (for example, in “labor of love” type charities where no person receives any compensation for …
http://news.blueridgeesop.com/blog/who-is-considered-a-corporate-officer
An employee is considered a key employee if at least one of the following definitions apply during the preceding plan year: 1) the employee directly or indirectly owns more than 5% of the business, 2) the employee directly or indirectly owns more than 1% of the business and has annual compensation exceeding $150,000, or 3) the employee is an officer whose annual …
https://ttlc.intuit.com/community/business-taxes/discussion/does-a-officer-of-a-c-corporation-have-to-report-all-compensation-for-payroll-tax-purposes-or-can-a/00/672234
Yes, according to the IRS website ( Paying Yourself ), "An officer of a corporation is generally an employee, but an officer who performs no services or only minor services, and who neither receives nor is entitled to receive any pay, is not considered an employee."
https://www.forbes.com/sites/anthonynitti/2016/05/13/reasonable-compensation-for-c-corporation-shareholder-employees-how-much-is-too-much/
You are free to set up your business as a C corporation, but you are not free to pay yourself, as an officer-shareholder, with impunity.
https://www.noglaw.com/suing-corporate-officers-employees-personally-misconduct/
Typically, officers and employees of corporations or limited liability companies are not personally liable for acts taken in a corporate capacity. However, there are …
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