How to EASILY Pay Yourself From Your LLC [2023 UPDATE]

Times are changing and business isn't how it used to be! Carter Cofield is here on today's Tax-Free Living with all the ways you can now pay yourself through an LLC! Updated for 2023 with no-nonsense ways to put the money you make straight into yo wallet!

What's up family and millionaires in the making! 💰 Thank you for tuning in to this video, be sure to LIKE and SUBSCRIBE to the channel for more and upcoming valuable information!

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📝 The information in these videos are to assist entrepreneurs and business owners for general & educational purposes only. I am not an attorney or legal advisor nor do I claim to be 📝

[teew]

Thank you Sir!! I've been telling my clients this for years!! Just to hear you say it makes me feel so much better about it. Thank you so much!!!

[GuillermoSalinas-wfoc]

It’s better to write yourself a check as a distribution from the profit when you xfer money into the account from one to another. You still pay taxes on that because it is income you are still receiving

[mr.ashleyw.]

So do we have to pay taxes on the money that we pay ourselves?
If so how?
Through a 1099?

[urgentlaborllc]

What if I’m trying to buy a houses wouldn’t it be better to run payroll

[inspiretalkzs]

Quick question why would we want to pay ourselves when we could just use the business account to spend on anything we want

[jesusdominguez]

Dam so I can’t run payroll on myself through my LLC to get paystubs to qualify for higher credit funding ?