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To: ChicagoConservative27

I thought .org’s didn’t pay taxes, but that their employees would have to via income tax.


4 posted on 10/31/2022 11:04:46 AM PDT by skr (Righteousness exalteth a nation: but sin is a reproach to any people. - Proverbs 14:34)
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To: skr

I thought .org’s didn’t pay taxes, but that their employees would have to via income tax.


In a nutshell, if it’s a C Corp the corporation itself pays taxes on its income and the employees pay taxes on their salaries/compensation. If it’s an S Corp the owners of the corporation pay taxes on the corporation’s income and the employees pay taxes on their salaries/compensation.


19 posted on 10/31/2022 11:22:53 AM PDT by CraigEsq
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To: skr

“I thought .org’s didn’t pay taxes, “

.org is just an internet addressing convention. Nothing to do with tax status.


34 posted on 10/31/2022 11:50:45 AM PDT by TexasGator (!!!)
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