LLC TAX etc.?

Question

I was offered an employment by one LLC company in CA.

I realized that I have to report tax by myself because I am deemed to be 'Partner'

Is this only for TAX purpose? i.e. Am I going to liable if the company has some debts or any other liability issue?

Thanks

Answer 1

I don't think I understand the question. I own an LLC. I am the only "principal" of the LLC and no employee of mine is considered a "partner" by any definition of the law that I know of. You certainly would not be responisble for debts of the LLC if you have not personally guaranteed any of the debt.

I am not a lawyer so take that as my "opinion"