Draw Partner - Web but sole proprietors, partners in a partnership, and the members of a limited liability company are not paid wages. The business owner is taxed on the profit. Web draws are a distribution of cash that will be allocated to the business owner.
The business owner is taxed on the profit. Web draws are a distribution of cash that will be allocated to the business owner. Web but sole proprietors, partners in a partnership, and the members of a limited liability company are not paid wages.