I operate my business as an S corporation with the primary purpose of saving self-employment taxes. I am the sole owner and the sole employee. I am having a rough year and my salary shows it; no salary one month, salary the next. Is this a problem? (T.D., Jackson, MS)
The fluctuating salary is a problem because it makes you look less like a corporation and more like an individual who is simply using the S corporation ... Log in to view full article.