Assertion: corps's officer | /r/HasProperty | president
Facets:
Source sentences:
text: Here's the issue: An S corporation owner who works in the business as an officer (president, chief operating officer, etc.) is considered an employee, so the owner's income is divided between the owner's share of profits and his or her income as an employee.
text: The IRS states specifically that corporate officers (president, chief financial officers, etc.) are employees and that businesses must comply with all employment laws in relation to these employees, including: