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The IRS does unlike an owner of an S corporation for taking only distributions that are not subject to SE overtax. A reasonable salary is the essential. Second, point is this an LLC taxed the S corporation has a further layer of liability protection vs. just an S corporation. Much more called the "charging order" protection. Equally a company can offer liabilities. It'll owe money to people and businesses. If is definitely the case then again, it may be the