Why S Corporation Payments Are Almost Always Wages

By Bryan Camp (March 30, 2021, 4:49 PM EDT) -- I think of corporations as a type of vessel that sails the seas of commerce. Like real ships, corporations are commanded by officers. All crew, including officers, are compensated for their services. At the end of the commercial voyage, however, an end marked either by time or transaction, profits earned are distributed to the owners of the ship. ...

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