Happy New Year to everyone.
Just saw on TV.. NZ and Ozzie have already celebrated the ball-drop.
A bit side question- What are the benefits of making a S-Corp? More specifically, about vehicle, about hiring my wife so that she can be an employee rather than an independent contractor.
I know that 1) we can pass a small part of profit as non-wage income and save by not paying employment taxes on this non-wage income. 2) some general liability protection
