Ted Hawaii
1 Answer
Jack Large
Yes, most LLC's owners are employees of the company, unlike "S" cooperations.
I personally am CEO of all of my LLC's
The point being I pay myself an annual salary and award bonus which are then taxed at the regular income rates, rather than at the higher Cooperate rates.
I have all my corporations based is Delaware as well, to reduce the overall tax rates so I can better fund my Charities.
Speak to a Tax Account, WBMS
| 13 years ago. Rating: 0 | |
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