The scary part about being an S-Corp

Filing all of the payroll and other tax paperwork. Not just paying the taxes, but getting all of the paperwork done for federal and state every quarter (if you are small like me, monthly if you are a big company) and the year end stuff. Hooray for accountants. I just got an envelope filled with forms all filled out, the envelopes already to go and a list of checks to write. Then slap the stamps on and off they go. This is not the biggie – doing the corporate return quite yet as I still have a lot of review to do before I send her all of that paperwork.

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