promotion image of download ymail app
Promoted
Anonymous
Anonymous asked in Business & FinanceSmall Business · 2 months ago

How can I start getting a paycheck legally?

My husband and I own a business with us as employees and three other employees, and I noticed that I am not truly receiving a paycheck myself. We are a home inspection business so my employees get a percentage of the home inspection cost. I always have to draw from my husband's paycheck to receive my own (I do the secretarial work and he is in the field). What can I do so that I can stop tapping into my husband's paycheck and start receiving my own without infringing on my other employees (such as an administration fee).

1 Answer

Relevance
  • Eva
    Lv 7
    2 months ago

    If you are an owner of the business and not a S or C corporation, you don't get a a paycheck, you take a draw. If you are one of the corporations, you simply add yourself to payroll. You should be discussing this with your accountant.

    • Commenter avatarLogin to reply the answers
Still have questions? Get your answers by asking now.