Article Title
Abstract
This article focuses on two of the employment taxes, FICA and FUTA. Part I surveys the payroll tax regime and the consequences of running afoul of it. Part II considers the recent history of dividend recharacterizations in the S corporation shareholder-employee context. Part III considers what would be "reasonable (minimum) compensation" for a shareholder-employee in an S corporation. Finally, Part IV takes up current, lively developments in the perennial debate between the Service and small business over independent contractor status.
Recommended Citation
Harrington, Kirsten
(1993)
"Employment Taxes: What Can the Small Businessman Do?,"
Akron Tax Journal: Vol. 10
, Article 4.
Available at:
https://ideaexchange.uakron.edu/akrontaxjournal/vol10/iss1/4