Slides in PDF: https://hectorgarcia.com/payyourself

Tax Brackets: https://www.nerdwallet.com/article/ta...

Other Videos:
Business Tax Deductions:    • Top 10 Missed Tax Deductions for Busi...  
Personal Tax Deductions:    • Itemized vs. Standard Tax Deductions ...  
How are Income Taxes calculated:    • How are Individual Income Taxes Calcu...  
Home Office Deductions:    • Home Office Tax Deduction + Spreadsheet  

Table of contents:
00:00 3 ways to pay yourself from your LLC
02:02 Table of Contents review
04:32 IRS forms related to LLCs
07:32 What we call "owners" of LLCs
08:20 What is an "owner's draw"?
09:27 Single Member LLC rules
11:17 Calculating owner's tax Liability
15:38 Paying estimated taxes
19:40 Owner's draw/loan effects on tax liability
21:17 Single Member LLC rules
24:09 Guaranteed Payments
26:03 Silent Partner vs. Passive Partner
29:47 Foreign Partner withholding
31:27 "Subchapter S Corporation" rules
40:19 "C Corporation" rules & Dividend
43:47 Frequently asked questions
49:00 My recommendation