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Old 01-19-2011, 02:21 PM
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Join Date: Jan 2011
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Can my S Corp have no employee?

Hi everyone,

My wife and I have an LLC, we are going to convert it to S corp this year.
We both have other jobs and W-2's, this S corp is set up for selling things on internet.

Since both of us have other jobs, can this S corp set up with no employee?

If we must have an employee, say, me, can this S corp pay me only part time salary because that's how I manage this S corp, as a part time job to my other job. Will IRS be OK with this?

Thank you in advance!



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