It's not a "mandatory minimum wage". Stop trolling. You can pay yourself $0.50/y... | Hacker News

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tptacek on Jan 24, 2011 | parent | context | favorite | on: The IRS Targets Income Tricks

It's not a "mandatory minimum wage". Stop trolling. You can pay yourself $0.50/yr if you'd like; you just can't do it will paying yourself tens of thousands in distributions.

DenisM on Jan 24, 2011 [–]

So if I am not distributing anything, I don't need to worry about the "reasonable wage" rule, right?

tptacek on Jan 24, 2011 | [–]

I think it's safe to say that if you don't know about the S-Corp FICA tax dodge, you're not going to run afoul of the IRS over it.

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