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		<title>New LLC Partners - Salary or draw?</title>
		<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
		<description>New LLC Partners - Salary or draw?</description>
		<lastBuildDate>Wed, 28 May 2008 19:56:53 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[It depends if you will file your]]></title>
				<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
				<description><![CDATA[It depends if you will file your taxes as an S-Corp or Partnership. As an S-Corp you can pay out a salary either every two weeks, twice monthly, monthly however you want but if you are filing Partnership, taking it out as a draw is recommended...at least t[...]]]></description>
				<pubDate>Wed, 28 May 2008 19:56:53 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm#676457</guid>
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			<item>
				<title><![CDATA[This is tough one, becaue I am d]]></title>
				<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
				<description><![CDATA[This is tough one, becaue I am dealing with the same thing right now with my business. I would try to pay the employees as much as you can, this way they feel that they are not working for free, even a little bit will help them stay interested.&#160;]]></description>
				<pubDate>Wed, 28 May 2008 19:56:53 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm#676456</guid>
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				<title><![CDATA[I can`t help with tax advice but]]></title>
				<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
				<description><![CDATA[I can`t help with tax advice but I can ask the question: why are you taking money out of the business if its a startup? Many people would think to re-invest that money into growing the company for the first 3-5 years. A common strategy is to just pay emplo[...]]]></description>
				<pubDate>Wed, 28 May 2008 19:56:53 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm#676455</guid>
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			<item>
				<title><![CDATA[Why not pay each partner a fair ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
				<description><![CDATA[Why not pay each partner a fair salary based on their work then the rest as dividend based on the percentage?
If the 20% partner contribute the most to the running of the business, his salary will be the highest among the three since it is based]]></description>
				<pubDate>Wed, 28 May 2008 19:56:53 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm#676454</guid>
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			<item>
				<title><![CDATA[Did you ever get any info on thi]]></title>
				<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
				<description><![CDATA[Did you ever get any info on this?]]></description>
				<pubDate>Wed, 28 May 2008 19:56:53 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm#676453</guid>
			</item>
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				<title><![CDATA[Startup LLC with recent revenue(]]></title>
				<link>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm</link>
				<description><![CDATA[Startup LLC with recent revenue(approx. $500k annually). Three partners. Do we pay each a salary or a draw vs. profit?&nbsp; Percent of ownership is 50%, 30%, and 20%.&nbsp; Amount of work for each varies]]></description>
				<pubDate>Wed, 28 May 2008 19:56:53 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/New-LLC-Partners---Salary-or-draw.htm#676452</guid>
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