Advice on starting an LLC in LA | Page 2 | TigerDroppings.com

Posted byMessage
TH03
Notre Dame Fan
Member since Dec 2008
95986 posts

re: Advice on starting an LLC in LA


quote:

I bet you didn't start the LLC and then "withdraw" from it.


no, I filed as an S-Corp and make sub-S distributions to myself.

I pay my car note, car/health insurance, gas, lunch, etc out of my business account, then make smaller distributions to myself for personal expenses.

I pay the majority of my taxes from my business as 941, and very little from my personal because my W-2 is a fraction of what I (my business) make. filed 3 1/2 years ago and it's worked perfectly so far



This post was edited on 10/8 at 9:34 am


Back to top
  Replies (0)
Meauxjeaux
Memphis Fan
I have 89,367 posts with my alters
Member since Jun 2005
17177 posts
 Online 

re: Advice on starting an LLC in LA


There may be no more mis-named user on TD than you.

No way the real RL blows reading comprehension like that.

FTR, he's talking about withdrawing money from the LLC, not himself.






Back to top
  Replies (0)


Back to top