Legal Question in Tax Law in California
Can a single memer of an llc....(me) pay my employees with a w2 if there working hourly? and can i also pay my self with a w2 since i was paying my self on a w2 form?
Asked on 3/05/10, 9:57 am
1 Answer from Attorneys
C. Coulter Mulvihill
Cynthia Coulter Mulvihill, Esq.
I am not really sure what your question is, but an employer is required to pay employees; take required deductions including taxes and insurance; and report on a W-2 form. If you own the LLC but are also an employee of the LLC, you should do the same for yourself.
Answered on 3/10/10, 10:16 am
Related Questions & Answers
-
How long do i have to keep copies of my tax fileings in california Asked 2/11/10, 2:05 am in United States California Tax and Taxation Law
-
Will IRS take my back taxes when my sister and I inherit real estate? Asked 2/04/10, 8:41 pm in United States California Tax and Taxation Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
