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Article Date:
February 2013


Word Count:
257

 

 

Cashing In on Your S Corporation’s Profits


Question

 

I have operated my business as an S corporation for about three years, but I have to admit I don’t really understand how it works.

 

Here are two questions that have been on my mind, especially now that I’ve just given my tax preparer my S corporation’s QuickBooks file to prepare this year’s tax return.

 

1.

After I take a salary and have dividends, are these dividends subject to federal taxes?

2.

Can I just have my S corporation write me a check for those ... Log in to view full article.

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