I'm working with a new c corp, and I'm not sure how to record money drawn out by the (owner) shareholder for personal use. I've seen it can be recorded as W2 employee wages, or perks/bonuses. Are there other options?
Want to reply to this thread or ask your own question?
You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.