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Posted

So, who on this amazing board is in Colorado?  One of my husband's colleagues moved there a year or two ago and now needs help with his sole-prop business.  No employees.  May convert to S-corp for 2017.

Any takers?

Posted
10 minutes ago, lynn EA in Louisiana said:

He does know that if he converts to S corp he will have to take a salary, with all the accompanying EFTPS and payroll reports, right ?

 

I have told him so - therefore he knows now, at least.

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