loboacounting
Level 1
12-07-2019
10:11 AM
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Can a C-corp shareholder be paid as a subcontractor? I know they can take Dividends payment and be on salary but can they be paid as a subcontractor and report the income on a Schedule C?
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George4Tacks
Level 15
12-07-2019
10:11 AM
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Can? Yes. Legitimately? Maybe. https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-o... and also look at your state. California has just set new standards.
Answers are easy. Questions are hard!
abctax55
Level 15
12-07-2019
10:11 AM
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Very, very onerous standards....that are already being challenged. It's gonna' be interesting.
HumanKind... Be Both
George4Tacks
Level 15
12-07-2019
10:11 AM
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Interesting is a very sneaky way to lyft my knowledge to it's über heights.
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!
abctax55
Level 15
12-07-2019
10:11 AM
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(LOL - you've been on a roll lately...
):joy:

HumanKind... Be Both
George4Tacks
Level 15
12-07-2019
10:11 AM
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I need to be, I may be in the dark for the next two days. PG&E has me on their hit list for loosing power.
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!
abctax55
Level 15
12-07-2019
10:11 AM
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Come to Tahoe...I think we are going to be OK. Plus I have tandem Honda generators that will run most of my office.
HumanKind... Be Both
George4Tacks
Level 15
12-07-2019
10:11 AM
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That only works if there are enough gas stations with power between here and there for me to fill up my tank. I think I will just sit here in the dark. We have candles. Wife & I were joking about how to light the gas stove with electric igniter. Will the toilets still flush? ... I think we can entertain ourselves. My wife will be going through withdrawal without her sewing machine.
Answers are easy. Questions are hard!
Answers are easy. Questions are hard!
Accountant-Man
Level 13
12-07-2019
10:11 AM
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If you are "loosing" power you need to get a little tighter. Wine?
** I'm still a champion... of the world! Even without The Lounge.