I recently started my own S Corporation and have a couple of clients. So I set up a bank account in the company’s name and deposited my first payment for services in the account. So now how do I go about paying myself in the easiest manner possible? I have no other employees, just myself. I have already figured out a reasonable salary for myself and the rest I will take as dividends. I just need to know how to figure the taxes and what not when I pay myself and how and when I should transfer this to the IRS. Any URLs that detail this procedure would be most helpful too.
Thanks!