Practical guidance on S Corp taxes, payroll, and compliance — all in one place.
S Corporations are popular with growing small businesses because they can offer meaningful tax advantages once profits increase. But they also require owners to follow stricter payroll rules — including paying themselves a reasonable salary and filing ongoing corporate and payroll tax forms. Whether you’re considering an S Corp election or already operating as one, these resources walk through what you need to know to stay compliant and confident.
Before running payroll or filing corporate tax forms, it’s important to understand how S Corp status works. Learn how S Corporations compare to LLCs and how filing Form 2553 makes the election official.
Once you elect S Corp status, payroll becomes a requirement — not a choice. From paying yourself a reasonable salary to handling health insurance deductions and ongoing payroll runs, these resources explain how to stay compliant while paying yourself (and others) properly.
S Corporations must file an annual corporate tax return and report shareholder income properly. These resources explain the required forms and how income flows from the business to its owners.
S Corp owners often hire contractors in addition to employees. Understanding how to classify workers and issue the correct year-end forms is essential for avoiding penalties.
Running payroll means filing ongoing federal forms and issuing annual wage statements. Even single-owner S Corps must stay on top of these requirements, whether it’s quarterly or at year-end.
Try OnPay out yourself to see how easy payroll and HR can be. To get started, just share a few basic details about your business. Our team of pros will set everything up and import your employees’ information for you.
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