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Business & farm
The LLC's are each owned by a husband wife team. Three LLCs each with it's own owners. We set this up to have another layer between the Partnership and the individual owners of the partnership so the individuals didn't directly own the partnership. Everything from the Partnership flows through the LLCs. I was hoping since the individuals indirectly own the partnership, they could receive the paychecks with W2 and withhold taxes, so individual owners wouldn't have to deal with figuring out taxes
‎January 1, 2020
7:14 AM