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! |