Can I pay myself from being a small business owner, my employees' payroll or not. Any disadvantages to or not.
I have the money to pay for itself through My company as an employee. I am doing this because I was trying to get the mortgage that has good credit and sees this as a possible means of escape. Let us know what you think.
Not sure why you consider this You will also have to escape from bad credit. It also depends on how you set up your business. (Proprietorship. Sole, S – Corp, etc.. ) Is a proprietorship, profits are passed through As S – Corp, you will pay itself, but may also have to provide financial information about S – Corp based verification of income.
Payroll Experts – Finalist – 2010 Sterling Awards – Small Business
