@Mike9241 wrote:
by the way is this an LLC with an S-Corp election. I ask because you say you're a shareholder. In this case, I would think if the other owners agreed, you could get paid for your services.
Well, absolutely. If this was an S-corp (or made an election as an S-corp) then anyone who participates materially in the business (and is not just a passive investor) must be paid a fair market salary for the work they do, which is subject to all normal employee rules and is reported on a W-2. If one shareholder does more work, they should be paid more. Then the remaining profits are distributed to the shareholders.
