When a state mandates minimum frequency of pay, such as every two weeks, or monthly for management-types(*), does that apply to a 100% S-corp owner paying himself his own wage? Or can an S-corp with no other employees do a quarterly or even annual payroll?
(*) CA Labor Code Section 204
-Mark Bole
"Mark Bole" wrote
I can't imagine any state that can dictate the frequency of pay for the owners. Heck, we know they don't enforce the minimum wage, overtime, and a host of other laws as it applies to the work performed by the owner.
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