Should I Take an Owner’s Draw or Salary in an S Corp?
Content Owner’s Draw vs Salary We’ll Show You Our 117 Tax Planning Strategies How Business Owners Pay Themselves How Do Business Owners Pay Themselves? How Much Should You Pay Yourself? The Social Security tax rate is 6.2% on wages up to $142,800, and the Medicare tax rate is 1.45% on all wages. An S corporation […]