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Question

In the case of "Reasonable Salary", if I'm living outside of the US, but my LLC is in the US and I pay US taxes (expat), do I base the reasonable salary based on the country I'm living in?

  • February 26, 2025
  • 1 reply
  • 5 views

Monica R
HoneyBook Community Team
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@Effie Stamatinos’s  question from the Your Guide: Sole prop, LLC, or S-Corp webinar with ​@Geily Romero

1 reply

Geily Romero
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  • Newcomer
  • February 27, 2025

To the best of my knowledge, I would say, base it on the US but I would also encourage you to check with a small business attorney or CPA in the country you reside as I may not be giving you the best answer possible.