Taxes

 

  1. Agency Payments: If I pay an agency 20% of my business earnings, how should I organize this expense for tax purposes? How can I properly write this off on my business taxes?

  2. Self-Employment and Payroll: As the owner of my LLC, if I pay myself through the business, do I need to complete a W-2 or 1099 for myself? I'm technically an employee of my own LLC, and I want to ensure I'm following the correct procedures.