just said your post:
I am not CPA - try to answer:
For John:
For tax: the 1099-int from bank will against his imcome.
the 1099 from LLC will be his income reporting to IRS.
I am not CPA - try to answer:
For John:
For tax: the 1099-int from bank will against his imcome.
the 1099 from LLC will be his income reporting to IRS.