My question involves business law in the state of: Florida
I just set up an LLC and filed for subchapter S classification for tax purposes. The LLC will only involve myself and serves to provide relief and emergency services to veterinary hospitals (I do not have a hospital myself. I am serving as an independent contractor of sorts. The businesses will pay my company, and I will technically not be an employee of them). My question is this: can I set it up so that I actually serve two different functions for my LLC? Can I designate one job as a part-time business manager for my LLC for which my company will pay me a wage of lets say 15,000 dollars per year. Can I then also serve as an independent contractor for my own LLC? I figured that by setting it up like this, it would reduce the amount of employment taxes I pay to myself through wages to me as a part-time business manager because I could pay myself less than if I was paying myself a wage as a medical consultant. I could then also pay myself as an independent contractor for the medical services with an independent contractor fee, which would not be subject to state employment taxes. In addition, while I have to pay self-employment tax on the independent contractor fee, I could pay myself a lower fee as an independent contractor, and also, 50% of the self-employment tax I pay can be used as an adjustment to income to lower income taxes. Thanks.