Slush Fund

The Honest Courtesan

Nobody was ever meant
To remember or invent
What he did with every cent.
  –  Robert Frost

People who have never owned a company often fail to understand that any institution formally organized and registered with the government is a separate entity from its owner, even if there is only one owner.  I am the sole owner and member of Maggie McNeill, LLC, yet I cannot simply take money from that entity as I please; I can pay myself as much salary or bonuses as I like, but it must be recorded that way, and if I spend the company’s money on myself without proper documentation (say, by buying cat treats or going to a movie) it is considered embezzlement.  It can get complicated; when I’m on my book tour this summer, for example, I can buy myself dinner with company funds (as long as I keep the receipts)…

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