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what's the right way to pay your wife from your LLC?
I have a LLC and I am the only member so I file tax as Schedule C on my return. I normally file Joint tax return with my wife. Now as business is increasing my wife have started helping me with day to day tasks. I would like to start paying her for all the time she is spending. So I was wondering what's the right way to do this. Can I hire her as an independent contractor so I don't have to deal with her taxes etc? Or what's the right way to pay her? I really don't want to deal with that W-2 and stuff.
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‎October 1, 2020
11:51 AM