Causes of Hypersomnia. Hypersomnia has many and varied causes, including sleep apnea, narcolepsy, excess weight, drug or alcohol abuse, brain tumor and certain medications. Following is a list of causes or underlying conditions (see also Misdiagnosis of underlying causes of Hypersomnia) that could possibly cause Hypersomnia includes: 1  Sleep deprivation. 2  Clinical depression.  Schizophrenia.
The short answer is no, as long as the S Corp makes. no distribution to the owner-employee to avoid payroll taxes. The reality is that. the IRS cannot require a business to pay its employees a minimum salary. In a. recent court case involving an S Corp owner-employee, the IRS stipulated to the.
In that situation, there is a deemed sale of the assets by the corporation. The S corporation reports the gain on the final S corporation return, which flows-through to the old shareholder(s). There is then a deemed distribution of the sales price in liquidation of the S corp. Note, there is no one-day return in an S corporation IRC section 338(h)(10) election.