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The S Corporation How It All Works! Presented By: Mark Borel, CPA Mark Borel & Associates, Inc.
What is an S Corporation? ,[object Object],[object Object],[object Object]
Common Characteristics of S and C Corps ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Common Characteristics of S Corps and Partnerships ,[object Object],[object Object],[object Object],[object Object],[object Object]
So How is an S Corporation Formed? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],When Should an S Corporation be Used?
But How Does an S Corp Work? ,[object Object],[object Object],[object Object]
How an S Corp Works  (cont.) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How an S Corp Works  (cont.) ,[object Object],[object Object],[object Object],“ Flow through ” income reported on Form K1 is subject to  only  federal income tax:
How an S Corp Works  (cont.) ,[object Object],[object Object],[object Object],[object Object],“ Employment ” related income reported on Form W2 is subject to  both  federal income tax and employment taxes:
Getting The Money Out ,[object Object],[object Object],[object Object]
So How Much Salary Should I Take? ,[object Object],[object Object],[object Object],[object Object]
S Corporation: T ax Advantages ,[object Object],[object Object],[object Object],[object Object],[object Object]
S Corporation:  Disadvantages ,[object Object],[object Object],[object Object]
Thank You For Attending! ,[object Object],[object Object],[object Object],Presented by: Mark Borel, CPA, President Mark Borel & Associates, Inc.

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S Corporation

  • 1. The S Corporation How It All Works! Presented By: Mark Borel, CPA Mark Borel & Associates, Inc.
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