How to Pay Yourself with an LLC [2026]
Автор: Karrington Dennis
Загружено: 2026-03-06
Просмотров: 64
Описание:
If you own an LLC, one of the most important things to understand is how you should actually pay yourself.
The way you pay yourself depends on how your LLC is taxed, and understanding the difference can have a major impact on your taxes.
In this video, I break down:
• How single-member LLC owners typically pay themselves
• How profits from an LLC are taxed
• Why owner draws are not the same as payroll
• How things change if your LLC elects S-Corporation status
• How S-Corps can potentially reduce self-employment taxes through reasonable salary and distributions
Many business owners assume an LLC automatically saves them money on taxes, but the real tax planning opportunity often comes when the business grows enough to consider S-Corp taxation.
Understanding these concepts early can help you structure your business correctly and make better tax decisions as your income grows.
Subscribe for straightforward tax education explained clearly.
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