I have worked for a landscaping company in the past and have decided to start my own company. I will still do some sub work and some work when my boss needs extra labor, but we both are looking for a better way for me to get paid than regular paychecks. I was thinking of just having him pay me as a sub contractor for all of the work, made payable directly to the LLC that I set up. Are there any benefits to this other than not paying worker comp? I would put the money in the Company account that I am going to use for equipment over the next couple years. I have saved enough through my years of working that I do not need money in my pocket, so if I put the money in the company account and use it to just pay for equipment, will I have to pay taxes on it? It is my understanding that a company does not pay taxes unless it grosses over 150k, and the owner just pays personal income tax based on what the company "pays" them. I want to keep the money in the account so I dont pay personal taxes on money that will go into equipment anyway. Can I do this? Am I totally misinformed on this? Any opinions?