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PAYMENTS TO CORPORATE OFFICERS

    https://www.edd.ca.gov/pdf_pub_ctr/de231pc.pdf
    PAYMENTS TO CORPORATE OFFICERS The purpose of this information sheet is to clarify whether payments made by a corporation to a corporate offcer who is an employee under sections 621(a) and 13004 of the California Unemployment Insurance Code (CUIC) (leginfo.legislature.ca.gov/faces/codes.xhtml) should be classifed as a loan or as wages.

S Corporation Employees, Shareholders and Corporate Officers

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
    Mar 16, 2021 · When corporate officers perform a service for the corporation and receive or are entitled to payments, those payments are considered wages. The fact that an officer is also a shareholder does not change this requirement. Such payments to the corporate officer …

Wage Compensation for S Corporation Officers

    https://www.irs.gov/pub/irs-news/fs-08-25.pdf
    Generally, an officer of a corporation is an employee of the corporation. The fact that an officer is also a shareholder does not change the requirement that payments to the corporate officer be treated as wages. Courts have consistently held that S corporation officer/shareholders who provide more than minor services to their corporation and receive or are entitled to receive payment are employees …

Payments to Corporate Officer Subject to Employment Taxes ...

    https://gyf.com/2017/09/payments-corporate-officer-subject-employment-taxes/
    Sep 22, 2017 · During a routine employment tax audit of an S corporation, the Internal Revenue Service determined that wages paid to the taxpayer’s corporate officer were unreasonably low, and recharacterized portions of the S corporation’s distributions as wages. As such, additional employment tax liabilities would be assessed on those wages.Estimated Reading Time: 3 mins

What Is a Reasonable Salary for an S Corporation Officer?

    https://www.thebalancesmb.com/what-is-a-reasonable-salary-for-an-s-corporation-officer-397939
    Sep 17, 2020 · The IRS requires that distributions and other payments by an S corporation to a corporate officer must be treated as wages "to the extent the amounts are reasonable compensation for services rendered to the corporation."Estimated Reading Time: 4 mins

ESDWAGOV - Corporate officers

    https://esd.wa.gov/unemployment/corporate-officers
    Unemployment benefits for corporate officers Starting the first quarter of 2014, corporate officers of for-profit corporations earning wages in Washington state are exempt from unemployment-insurance coverage unless the corporations voluntarily choose to insure its corporate officers and the Employment Security Department approves the request.

C Corp Salary Rules legalzoom.com

    https://info.legalzoom.com/article/c-corp-salary-rules
    There is no law requiring a corporation to hire employees or pay them a salary. Once this type of company files its articles of incorporation, pays the required fees, and remains in good standing, it is considered a legal entity regardless of whether it hires 500 employees or none at all.

Solved: Does a officer of a C Corporation have to report ...

    https://ttlc.intuit.com/community/business-taxes/discussion/does-a-officer-of-a-c-corporation-have-to-report-all-compensation-for-payroll-tax-purposes-or-can-a/00/672234
    Jun 06, 2019 · Yes, according to the IRS website (Paying Yourself), "An officer of a corporation is generally an employee, but an officer who performs no services or only minor services, and who neither receives nor is entitled to receive any pay, is not considered an employee."

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