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What is the most tax efficient way to pay yourself
Posted by Damian Roberti on
What is the most tax efficient way to pay yourself You are the owner of a business, and regardless of how much you love what you do for a living, you have a responsibility to guarantee that you earn enough money to pay the bills at home and put food on the table every day.When you are the owner of a business, it is important to remember that paying yourself is about more than just the money; it is also about maintaining your mental health and being able to keep going. When it comes to owning a successful business, your capacity...
How do I pay myself from my LLC
Posted by Damian Roberti on
How do I pay myself from my LLC If you're forming a partnership with someone, but in today's video, we'll go through exactly how you should be paying yourself as a single member, LLC, to avoid getting into difficulty and to ensure that you're maximizing the tax legislation to its full potential. Let's The qualities of a single-member LLC are the first thing we need to grasp. If you're the proprietor of a single-member LLC, you've created a disregarded entity. A disregarded entity is the same as a sole proprietorship, which basically indicates you've opted to create a business. But...