A woodworking tool for roughing out concave shapes such as bowls and spoons.
Used in a Sentence
scorp
Definitions, parts of speech, synonyms, and sentence examples for scorp.
Editorial note
Self employment and W2 in an Scorp involve paying both the employee portion and the employer portion.
Examples8
Definitions4
Parts of speech1
Quick take
A woodworking tool for roughing out concave shapes such as bowls and spoons.
Meaning at a glance
The clearest senses and uses of scorp gathered in one view.
Clipping of scorper.
(military, slang, dated) A resident of Gibraltar.
Definitions
Core meanings and parts of speech for scorp.
noun
A woodworking tool for roughing out concave shapes such as bowls and spoons.
noun
Clipping of scorper.
noun
(military, slang, dated) A resident of Gibraltar.
noun
Clipping of scorpion. [Any of various arachnids of the order Scorpiones, related to the spiders, characterised by two large front pincers and a curved tail with a venomous sting in the end.]
Example sentences
Self employment and W2 in an Scorp involve paying both the employee portion and the employer portion.
If you form an SCorp you should make yourself w2 and pay yourself a minimum reasonable market salary (i.e.
The whole SCorp thing that you see recommended works best if you 1.
Beyond payroll taxes, it is possible that the Scorp might be able to have some income below the additional ordinary income on tax rates.
It's complex, and I think that someone doing sidework would not benefit enough from an scorp to make it worth it.
The whole W2/SCorp thing you are talking about is a commonly held belief, but there are details you are getting wrong that change its efficacy.
* You should consider an SCorp, your overall payroll tax liability can potentially be reduced.
(Mostly on true if the Scorp can keep its income below 34% rate (at the ordinary income rate ~ 28% at 90-180k) I am not an accountant, and this is not accounting advice.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use scorp in a sentence?
Self employment and W2 in an Scorp involve paying both the employee portion and the employer portion.
What does scorp mean?
A woodworking tool for roughing out concave shapes such as bowls and spoons.
What part of speech is scorp?
scorp is commonly used as noun.