> If you organize your business as an S-corporation, you can classify some of your income as salary and some as a distribution. You'll still be liable for self-employment taxes on the salary portion of your income, but…
Distributions are not long term capital gains. The only real tax advantage is no FICA. It could be a lot if you aren't paying yourself much in wages, but I would be wary of the IRS disagreeing with your "market value…
> If you organize your business as an S-corporation, you can classify some of your income as salary and some as a distribution. You'll still be liable for self-employment taxes on the salary portion of your income, but…
Distributions are not long term capital gains. The only real tax advantage is no FICA. It could be a lot if you aren't paying yourself much in wages, but I would be wary of the IRS disagreeing with your "market value…