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How to Pay Yourself as an LLC (Single Member LLC)

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How to pay yourself as a singlemember LLC
Bizee (Formerly Incfile) ➡ https://bizbuddy.com/bizeellc'>https://bizbuddy.com/bizeellc

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Thank you for using our affiliate link as we earn commissions if you use our links. There is no additional charge for you and we make a $20 donation to charity on your behalf when you use our LLC formation links.

Table of Contents:
0:00 How to Pay Yourself as an LLC
0:17 The main process
0:51 Today Vs. The future (save on taxes)
1:23 Background
1:43 LLC doesn't help you save taxes
2:19 SCorp advantages
2:43 When should you start an SCorp?
3:08 Bizee Tax Calculator
3:50 Pay yourself a salary
5:13 Tax Calculator comparison
6:47 Resources for you

Disclaimer I am not an attorney or a CPA, just a small business owner who has researched this information thoroughly while setting up my own LLC (SCorp now). This is meant as educational information but now legal advice in any way. If you need legal advice please consult with your attorney and CPA on the best fit for your needs.

Bizee (Formerly Incfile) ➡ https://bizbuddy.com/bizeellc'>https://bizbuddy.com/bizeellc

#LLC #SingleOwner #PayYourself #bizee

posted by Pfoestlux