Small BusinessAccording to the U.S. Census Bureau, more than 99% of businesses in the U.S. have fewer than 500 employees and are considered small businesses.
All Questions: Small Business
I haven't filed taxes in 6 years and am creating an LLC. Should I first file my taxes, or should I first create the LLC (for write-off purposes)?
The S Corp owned by my wife and I will have a large loss this year. Do we have to take owner salaries?
How do I pay myself as a single-member S-Corp? Do I need a payroll service? That's very expensive for one person.
As a sole member of a business, can I use the business money to pay my own bills without getting in trouble with IRS?