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[deleted] OP t1_iy706dl wrote

Reply to comment by kaartman1 in Solo 401k contribution question by [deleted]

[deleted]

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mnico213 t1_iy8klqu wrote

For whatever it’s worth, with an S Corp your salary needs to be reasonable with regards to the services you are providing to the corporation. The IRS does not allow you to just avoid payroll taxes by being an S Corp.

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MikeWPhilly t1_iy9nlte wrote

This is even more critical with the increased scrutiny on taxes soon. I’m expecting S Corp to be a fun target for audits.

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