S Corp Owner Payroll

Technical topics regarding tax preparation.
#1
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182
Joined:
10-Dec-2014 1:52am
Location:
New York
My NYS S corp client finally agreed and have enough money to make payroll to himself.

1.So do I need to file a new employee report to NYS? The S Corp has existed for more than 5 years. No payroll was made before.

2. Does it mean that he has to acquire a disability insurance since he is the employee now?

3. He does not need to have Workers Comp because he is the sole owner of the S corp. Correct?
 

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