How to pay yourself as an llc

I posted recently about how to pay yourself in a single-member LLC, and now we're going to cover how to pay yourself in an S Corporation.

An LLC is an easily manageable business structure with many benefits. One of them is the flexible set of payment options for members. Here's a guide to paying yourself from an LLC.

Discover the best ways to pay yourself as an LLC owner, whether that's a distribution, a salary, or a combination of the two.

“What should I be paying myself as a creative business owner?” This is a topic I get asked about a lot and there are a few different ways to look at it. Pay yourself a percentage of your profit each month. Pay yourself a fixed amount each month. The truth is th

LLC names are crucial for your business identity. Explore our ultimate guide to naming an LLC and ensure it's legally sound and memorable.

Learn how to pay yourself as a single member llc

Business Credit & Wealth Building on Instagram: "When paying yourself from an LLC or S-corp, it’s essential to understand the tax implications and structure. For an LLC, owners take an owner’s draw, withdrawing money as needed, and pay self-employment taxes on the business’s profit. In an S-Corp, you must pay yourself a reasonable salary, subject to payroll taxes, with additional profits distributed as dividends, which aren’t subject to payroll taxes. #Entrepreneurship #SmallBusinessOwner…

So, from the get-go, we're making the assumption that your LLC has its own business bank account and all those funds are going into there. Now, it's time to pay yourself. How do you do that? Simple! Check out my newest blog post to find out!