Some S-Corp owners receive W-2 wages in addition to receiving profits as reported on their K-1 tax forms. They are employees as well as owners. True equity partners in a partnership or limited liability partnership typically are not included in AAPs because they are not employees. You might need more specific information on your K-1 earners from your client to determine whether they also are W-2 employees.
You can use this OFCCP audit checklist to ensure you're doing what is required to maintain OFCCP's regulations including VEVRAA, Section 503, and EO 11246. Or request a demo to streamline your compliance and recruiting efforts.
