tom ford
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Commissions paid to owner of LLC filing as S Corp
tom ford replied to legort69's topic in 401(k) Plans
Commissions paid to the owner of an texas LLC filing as an S Corp should be handled as part of the owner's salary or distributions. For tax purposes, ensure the salary is reasonable and follow IRS guidelines to avoid potential issues. Consulting with a tax professional can provide personalized advice and ensure compliance with all regulations.