How to Pay Yourself as an LLC

How to pay yourself from your LLC, regardless of what kind of LLC you operate.

Become a Tax Client: https://mycpacoach.com/tax-planning-s...

How you pay yourself from your LLC, and how you file your tax return, will vary based on the type of LLC you are.

There are single-member LLCs, multi-member LLCs, LLCs taxed as a partnership, LLCs taxed as an S-Corporation, and so on.

And the tax implications of these types of entities may influence how you pay yourself.

In this video, Sherman the CPA goes over each type, how taxes work, and the best way to pay yourself from your LLC in general.

If you own an LLC and need some clarity in these areas, stick around for the full video.

Things to consider when paying yourself: (0:00)
Different types of LLCs: (0:57)
How taxes work for LLCs: (3:40)
Paying yourself from LLC: (7:44)

Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!

Watch next- How to write-off 100% of Your Car as a Business    • Видео  

///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).