Every day I learn at least one knew thing from my colleagues, clients, friends and especially my children! The new factoid of the week concerns making payroll payments to members of an LLC. It depends on whether your LLC is set up as a Corporation or a Partnership. I found this article to be quite valuable.
- LLC Tax Filing Rules (turbotax.intuit.com)
- Limited Liability Company Taxes (turbotax.intuit.com)
- Can I Convert My LLC to an S-Corp When Filing My Tax Return? (turbotax.intuit.com)