LLC
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Mar 20, 2024 by Jason Fried · across every show →
Everything said about LLC, oldest first
Mar 20, 2024 neutral
37signals Distributes 100% of Annual Profits Due to LLC Tax Structure
“We pull out everything at the end of the year. Now, first of all, we're an LLC. So we're taxed on everything at a personal level. So if I leave money in the business, I'm still paying personal income tax on that money. It doesn't really make sense to do that.”