Are S Corp Owners Required to Take a Salary? S Corporation Compensation and Requirements

S corps are required to pay their owners a “reasonable compensation” through payroll as employees. Your business will pay FICA payroll taxes (7.65% of your salary) and you personally will pay FICA taxes (7.65% of your salary). S corp owners can draw money from the business by using shareholder distributions instead of dividends. Qualifying for … Read more

Is Seattle a Good Place to Start a Business?

Introduction In this study, we aim to investigate the impact of climate change on global biodiversity. Climate change is a pressing issue that has the potential to significantly alter ecosystems worldwide. By examining the current research on this topic, we hope to gain a better understanding of the effects of climate change on various species … Read more

Is It Illegal to Carry Handcuffs UK?

Legalities of Handcuff Possession in the UK In the UK, anybody can legally carry handcuffs. However, using them on another person without justification is assault. It is suggested that untrained people should not use handcuffs, since injury risks exist. UK law strictly controls guns. Gun crime is low. Some security staff now regularly carry legal … Read more

How Do You Make Money Selling Fresh Produce?

Tips for Selling Fruits and Vegetables At most farmers markets, you must grow your own fruits and vegetables to sell, but you keep all of what you charge for your offerings, minus your stall fee. Because you’ll sell alongside other local farmers, look for ways to stand out. Financial Risk Management in Fresh Produce Business … Read more