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How does one actually pull cash out of an LLC, if that's even possible? Maybe through expense reimbursements or something... I guess it's hard to justify every single dollar using nothing but business receipts.
There’s a lot going on regarding LLCs here, and I can't keep up with all the threads. If anyone feels like helping me out, how long does the whole process actually take to set up an LLC? I mean from the moment I file everything through CNN until I'm actually cleared to start doing business?
Also, if the company isn't active for a while—say there's just no work coming in—do you still have to cover taxes and other obligations for the director or the business itself?