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Yes. A Coeur d’Alene LLC is a pass-through and unable to differentiate between a wage and other payout methods. Therefore, you will pay self-employment taxes on your share of the profits regardless of how you withdraw the funds.

Coeur d’Alene S or C-Corporation Elections: While your taxes will change, the facts, ownership, and management structure will not.

For Tax Resolution or Tax Preparation services in Coeur d’Alene Idaho click here.