Re: Payroll Tax applied on foreign C corporate owner
is wrong in the paragraph titled ?The Right Method for You: salary or Draw"
"Most businesses are set up as a sole proprietor, LLC, or a partnership, which means that you may have the opportunity to take a draw or a salary (or both) ...... Your decision about a salary or owner’s draw should be based on the capital your business needs, and your ability to perform accurate tax planning."
sole proprietors and partners are not allowed to be on salary, so there is no decision to make
c- and s-corporations require working shareholders to be on salary - again no decision to make
LLC has nothing to do with anything and is not recognized by the IRS as a business type.