Thank you for your response. Maybe the right term to use is distributions?
I have also read somewhere about retained earnings. I guess I could simplify the situation as this:
* The company...
Type: Posts; User: jder; Keyword(s):
Thank you for your response. Maybe the right term...
Thank you for your response. Maybe the right term to use is distributions?
I have also read somewhere about retained earnings. I guess I could simplify the situation as this:
* The company...
S-Corp Tax Question
Firstly, as a first-time poster here, I am very grateful to anyone who can help me.
In a nutshell: I have an S-Corp that I registered in 2013. In 2014, I made the mistake of not paying myself...