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Commonly Asked Idaho S Corporation Questions

Is an Idaho S Corporation High-Earner Preferred? Yes. As long as a reasonable wage has been met first, all other profits from an Idaho S-Corporation can be disbursed to owners/shareholders as ordinary income. In addition, salaries paid to an owner of an Idaho...

Coeur d’Alene S Corporation Questions

Is a Coeur d’Alene S Corporation Considered a Disregarded Entity? Yes.  Since a Coeur d’Alene S-Corporation passes-through its profits directly to the owners/shareholders, it is considered a disregarded entity. A disregarded entity refers to a pass-through business...

Idaho State Employee vs. Independent Contractor

On the off chance that you are thinking about whether your Idaho business should enlist full-time Idaho employee or utilize an Independent Contractor, don't wrongly think they are a similar thing. Employee and Contractual workers are not alike in the state and central...