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Business, 30.11.2021 21:20 coreyrineer2791

Compare and contrast the FICA tax burden of S corporation shareholder-employees and LLC members (assume the LLC is taxed as a partnership) receiving compensation for working for the entity (guaranteed payments) and business income allocations to S corporation shareholders and LLC members assuming the owners are actively involved in the entity's business activities. How does your analysis change if the owners are not actively involved in the entity's business activities

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