antasvara parent
If you have zero revenue, how are you paying yourself a salary from the S Corp?
I don't have an S Corp.
My general question is: how are you paying yourself money from a business woth zero revenue? The type of business is irrelevant.
And yes, I know you don't have an S Corp. I was wondering how you would pay yourself from such a corporation, considering you have zero revenue.
I'm not paying myself yet, nor will I pay myself in the classical sense when I get revenue.
When you have a single-member LLC, you take "distributions," which basically means you withdraw money from the company and put it into your personal account. It's technically a dividend.