Tax distribution
Me and my friend are starting a business. She has an stablish LLC and the contract we will getting using her LLC name will be to split 50/50. My idea is to join as subcontractor and we want to split the earnings 50/50. Whoever the question is who will be taxed more her LLC or me? She suggested her keeping a higher percentage of the money because she will have to pay taxes at the end. But my understanding is that LLC is through pass and it will work the same on either side.
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