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Business & farm
Thanks. Yes, I'll be paying myself with payroll starting in January. My business brings in significantly more income than a reasonable salary for my position so I'm looking forward to taking that extra income as a disbursement and avoiding FICA on that portion. I'm overestimating my salary as a precaution. I setup this new entity as an LLC to keep the paperwork a little more simple and not have to have board meetings. Thanks for your help!!
May 31, 2019
5:57 PM