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GH85Carrera GH85Carrera is online now
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Join Date: Nov 2007
Location: Oklahoma
Posts: 86,211
Garage
As a LLC, you just take a draw on the company checking account. The LLC pays zero taxes, and it all fall to you the owner to pay the taxes.

Record every single expense as they are subtracted from all payments.

Find a small one or two man CPA to help give advice, and file the tax forms at the end of the year, and file the W-9s for every company you buy from.

I use the desktop version of QuickBooks.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
Old 08-31-2024, 08:09 PM
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