1. Missed the live Ask the Expert event?
    Catch up on the conversation about enhanced efficiency fertilizers with the experts at Koch Turf & Ornamental in the Fertilizer Application forum .

    Dismiss Notice

S-Corp Wages

Discussion in 'Business Operations' started by 205mx, Jan 23, 2013.

  1. JFGLN

    JFGLN LawnSite Senior Member
    Messages: 996

    Some other things to think about,

    Trucks and equip are owned by the corp. Auto insurance cost more.
    I get a paycheck every 2 weeks like the other employees.(assuming sufficient funds)
    I lease my shop to the corporation which makes me a landlord with rental income and possible write offs.
    Corp has its own credit rating.
    Cost more to have taxes prepared.

Share This Page