11 ms·
One important point that people tend to ignore/forget: every dime of income after salaries and expenses counts as a distribution for tax purposes, even if the m
by zrail 11y ago
One important point that people tend to ignore/forget: every dime of income after salaries and expenses counts as a distribution for tax purposes, even if the money stays in the company bank account. Shareholder/member distributions are not taxable events.