Can a Sole Proprietor Pay Himself a Salary?
Can a sole proprietor pay himself a salary? Answer: Sole proprietors are considered self-employed and are not employees of the sole proprietorship. They cannot pay themselves wages, cannot have income tax, social security tax, or Medicare tax withheld, and cannot receive a Form W-2 from the sole proprietorship. Read more on www.visionpayroll.com The simplest and … Read more