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Depositing paychecks under my name in the bank account of a newly created S. Corp

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  • Depositing paychecks under my name in the bank account of a newly created S. Corp

    Hello

    Started a job as a contractor. Initially the payment checks from the hospital and insurance companies had my name on them. Now that I created an S. Corp and opened a business bank account, should I avoid depositing any check with my name on it in the the S. Corp bank account? Should I limit all the deposits to the checks with the S. Corp name on them because of liability issues? Thank you.

    NS1

  • #2
    I would strongly recommend that you do some extensive research (or hire someone knowledgeable) to see if an S-Corp is truly the best option for you.

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