How do I pay myself, my partners, and my employees from an LLC?
There are a few options. Getting paid from an LLC typically involves selecting a payment method and following legal requirements. As an employee of the LLC, you can set up payroll and receive regular payments, including salary and benefits. Alternatively, as an owner, you can receive distributions of profits. It's important to work with a professional to determine the most tax-efficient payment strategy and ensure compliance with all legal requirements. The LLC should also maintain accurate financial records and file required tax forms to avoid penalties and legal issues.