Originally Posted by grandview (2006)
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.
Well wouldn't that make you pay double the taxes? One for your buisness and then one for you??? Send me a pm about it
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