View Single Post
Old 01-16-2013, 08:11 PM
grandview (2006)'s Avatar
grandview (2006) grandview (2006) is offline
LawnSite Gold Member
Join Date: Jan 2006
Location: Lancaster N.Y.
Posts: 3,480
Originally Posted by Blades Lawn Maintenance View Post
So if you are a LLC how do you get paid? Like would you deposit all the income form the buisness into a buisness account and the from that account say pay your personal bills? Idont know..any ideas?
Couple of different ways,You can give yourself a pay check each week just like an employee and pay all taxes on it. Or take a draw ,then at the end of the year and your books are closed it will transfer to your personal taxes and taxes are due then. What ever you do write a company check to yourself and deposit it into your personal account then pay bills.
Reply With Quote
Page generated in 0.03641 seconds with 8 queries