cancel
Showing results for 
Search instead for 
Did you mean: 

Reply to message

View discussion in a popup

Replying to:
Established Community Backer ***

Re: Is a salaried partnership a good idea?

A partner in a partnership is not allowed to be on salary.

 

The closest you can come, with no withholding for any kind of taxes, is if the partnership agreement specifies a guaranteed payment, amount and frequency to that partner.