Saturday, November 12, 2011

Should I be a partner in my husband's LLC?

My husband has a single member llc. He does all the manual labor and I do the bookkeeping. Should we change it and make me a partner/co-owner or leave it as a smllc? If I understand it correctly, his personal ets would be protected under the llc but mine (which would be his also) would not. Also, should I be on payroll or just stick with my husband's draw?

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