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sdduuuude
ParticipantMaybe if you buy this house, you won’t be scared anymore.
sdduuuude
ParticipantMaybe if you buy this house, you won’t be scared anymore.
sdduuuude
ParticipantMaybe if you buy this house, you won’t be scared anymore.
sdduuuude
Participant[quote=briansd1]Now if the corporation goes bankrupt, then you maybe able to get unemployment by appealing if you’re denied.[/quote]
Ya. An interesting idea I never considered.
Anyway – back to the original topic. It sucks that I pay unemployment (on half my earnings) and can’t ever make use of it.
What I should do is find someone in a similar situation and have their S-corp. hire me and my corp can hire them. Then we both fire each other and collect. Probably only illegal if you post such ideas on the web prior to doing it … d’oh.
sdduuuude
Participant[quote=briansd1]Now if the corporation goes bankrupt, then you maybe able to get unemployment by appealing if you’re denied.[/quote]
Ya. An interesting idea I never considered.
Anyway – back to the original topic. It sucks that I pay unemployment (on half my earnings) and can’t ever make use of it.
What I should do is find someone in a similar situation and have their S-corp. hire me and my corp can hire them. Then we both fire each other and collect. Probably only illegal if you post such ideas on the web prior to doing it … d’oh.
sdduuuude
Participant[quote=briansd1]Now if the corporation goes bankrupt, then you maybe able to get unemployment by appealing if you’re denied.[/quote]
Ya. An interesting idea I never considered.
Anyway – back to the original topic. It sucks that I pay unemployment (on half my earnings) and can’t ever make use of it.
What I should do is find someone in a similar situation and have their S-corp. hire me and my corp can hire them. Then we both fire each other and collect. Probably only illegal if you post such ideas on the web prior to doing it … d’oh.
sdduuuude
Participant[quote=briansd1]Now if the corporation goes bankrupt, then you maybe able to get unemployment by appealing if you’re denied.[/quote]
Ya. An interesting idea I never considered.
Anyway – back to the original topic. It sucks that I pay unemployment (on half my earnings) and can’t ever make use of it.
What I should do is find someone in a similar situation and have their S-corp. hire me and my corp can hire them. Then we both fire each other and collect. Probably only illegal if you post such ideas on the web prior to doing it … d’oh.
sdduuuude
Participant[quote=briansd1]Now if the corporation goes bankrupt, then you maybe able to get unemployment by appealing if you’re denied.[/quote]
Ya. An interesting idea I never considered.
Anyway – back to the original topic. It sucks that I pay unemployment (on half my earnings) and can’t ever make use of it.
What I should do is find someone in a similar situation and have their S-corp. hire me and my corp can hire them. Then we both fire each other and collect. Probably only illegal if you post such ideas on the web prior to doing it … d’oh.
sdduuuude
ParticipantI am currently a payroll employee an S-corp. I am the only shareholder of that S-corp. The S-corp pays me salary and all the payrol taxes associated with it.
Though, the way I understand it is, 1099 contractors are required to pay in as well.
And, neither can get unemployment benefits. I could be wrong about the 1099 situation, though, because I’m not in that situation.
I think brian is right. Because I’m an officer, I can’t make the claim.
brian – I take half salary and half small biz distribution. This allows me to put money into a pre-tax retirement fund (25% of salary) and also is a little less prone to IRS scrutiny.
Since I can’t draw on the unemployment, the premiums I pay are, without a doubt, part of the self-employment tax.
sdduuuude
ParticipantI am currently a payroll employee an S-corp. I am the only shareholder of that S-corp. The S-corp pays me salary and all the payrol taxes associated with it.
Though, the way I understand it is, 1099 contractors are required to pay in as well.
And, neither can get unemployment benefits. I could be wrong about the 1099 situation, though, because I’m not in that situation.
I think brian is right. Because I’m an officer, I can’t make the claim.
brian – I take half salary and half small biz distribution. This allows me to put money into a pre-tax retirement fund (25% of salary) and also is a little less prone to IRS scrutiny.
Since I can’t draw on the unemployment, the premiums I pay are, without a doubt, part of the self-employment tax.
sdduuuude
ParticipantI am currently a payroll employee an S-corp. I am the only shareholder of that S-corp. The S-corp pays me salary and all the payrol taxes associated with it.
Though, the way I understand it is, 1099 contractors are required to pay in as well.
And, neither can get unemployment benefits. I could be wrong about the 1099 situation, though, because I’m not in that situation.
I think brian is right. Because I’m an officer, I can’t make the claim.
brian – I take half salary and half small biz distribution. This allows me to put money into a pre-tax retirement fund (25% of salary) and also is a little less prone to IRS scrutiny.
Since I can’t draw on the unemployment, the premiums I pay are, without a doubt, part of the self-employment tax.
sdduuuude
ParticipantI am currently a payroll employee an S-corp. I am the only shareholder of that S-corp. The S-corp pays me salary and all the payrol taxes associated with it.
Though, the way I understand it is, 1099 contractors are required to pay in as well.
And, neither can get unemployment benefits. I could be wrong about the 1099 situation, though, because I’m not in that situation.
I think brian is right. Because I’m an officer, I can’t make the claim.
brian – I take half salary and half small biz distribution. This allows me to put money into a pre-tax retirement fund (25% of salary) and also is a little less prone to IRS scrutiny.
Since I can’t draw on the unemployment, the premiums I pay are, without a doubt, part of the self-employment tax.
sdduuuude
ParticipantI am currently a payroll employee an S-corp. I am the only shareholder of that S-corp. The S-corp pays me salary and all the payrol taxes associated with it.
Though, the way I understand it is, 1099 contractors are required to pay in as well.
And, neither can get unemployment benefits. I could be wrong about the 1099 situation, though, because I’m not in that situation.
I think brian is right. Because I’m an officer, I can’t make the claim.
brian – I take half salary and half small biz distribution. This allows me to put money into a pre-tax retirement fund (25% of salary) and also is a little less prone to IRS scrutiny.
Since I can’t draw on the unemployment, the premiums I pay are, without a doubt, part of the self-employment tax.
sdduuuude
Participant[quote=Leorocky]IF your company paid premiumns you should file and then hire an attorney to appeal if denied. I know somebody in a similar situation (in a different state) with the same issue. I believe he was a consultant and had an S corp set up for “his company”. He is currently collecting.[/quote]
My corp (an S-corp) does pay premiums. Has been for 14 yrs.
I’m employed now, but very interested in hearing more on this.
Please send that attorney’s name and number !
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