3 ms·
It's not secretaries who overpay FICA taxes, it's software developers and other well paid professionals that are making ~$100K/year in salary. Both secretaries
by dennisgorelik 14y ago
It's not secretaries who overpay FICA taxes, it's software developers and other well paid professionals that are making ~$100K/year in salary.
Both secretaries and business owners are on the receiving end of social security benefits.
It might be ok to call S Corp way of setting up payroll for owners a loophole (debatable), but it's definitely not scam.