Quote:
Originally Posted by L-Pink
Spacedog, the reason a LLC has no taxes is because they are passed directly to it's members. Your share of a LLC's taxes go on your personal income.
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my share would be 100%.. so, if I go with close corp., hmm.. I need to think this through before doing anything...
so, the corp would get taxed,, then I'd have to write myself a paycheck.. pay income tax on my paycheck, then deduct my own paycheck from my own corporations expenses & write it off as a business expense, lol...