Do I still pay salary when closing S-Corp in NJ I am the only share holder of S-Corp, but I will move on to take a permanent job beginning of 2011, but, S-Corp will still receive payments in 2011 from service rendered in 2010. Accounting year is at year end. Should I pay myself salary from S-Corp in 2011 while closing down it down? Or Can I report all 2011 recipts as business income in K-1?
Thanks |