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The IRS does nothing like an who owns an S corporation for taking only distributions that are not subject to SE income taxes. A reasonable wages are the vital point. Second, point is this an LLC taxed a great S corporation has an extra layer of liability protection vs. just an S corporation. Much more called the "charging order" protection. You likely need an EIN (Employer Identification Number). Even although you most likely aren't in order to have employees, this shows the IRS you is really a little more "business like". If there is business your own would
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