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Started By
Message
re: Advice on starting an LLC in LA
Posted on 10/8/13 at 9:34 am to RushTigerLimbaugh
Posted on 10/8/13 at 9:34 am to RushTigerLimbaugh
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 10/8/13 at 9:34 am
0
Posted on 10/8/13 at 12:39 pm to RushTigerLimbaugh
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.
No way the real RL blows reading comprehension like that.
FTR, he's talking about withdrawing money from the LLC, not himself.
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