Partnership LLC - any tricks?
My son and I are going into business and are looking at what is the best way to set it up. We are thinking about LLC ,but have some questions. We will be sitting down with a cpa ,but would like to hear how you guys do it. Do you draw a salary off of the business? Are there any other tricks ,like (your company) renting your truck from yourself. Seems like I've heard of some neat LEGAL tricks like this. Any help is appreciated.