How To Pay Yourself As An LLC in 2022

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*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#taxes #taxfreeliving #taxexpert #taxreduction #llc

[HayleyCalVilla]

This is the content I’ve been looking for!! So simple & clear. I feel a bit more confident starting an LLC after this. Thank you🙏🏽

[SaintLeo]

I've listened to several videos on how to pay yourself through an LLC. This, by far, had the most detailed breakdown on YouTube. You have earned a subscriber to pick your brain.

[ebanrolle]

Thank you for not talking in circles for 8 minutes only to try and sell me some "self-improvement" program. I've subscribed and will look forward to more videos!! RQQ!!

[Joebagadounuts]

Just to clarify, you don't get an EIN when forming an LLC. You have to get one from the IRS separately, only after filing Articles of Organization paperwork with your state.

[JacobSeeger]

Fantastic video. I’m curious to know what are some INCORRECT ways to pay yourself as an LLC? This perfectly covers the correct ways, but I’d be interested in hearing examples of incorrect ways as well!

[peterjacobsen]

Your videos are literally gold. They save people like me thousands each year with my small business. I cannot thank you enough. Literally nowhere else is there such a vast resource of knowledge when it comes to business taxes.

[aslprobro]

This is crazy. So clear. SOOO good! So easy to understand! Thank you so much for these videos. I’ve already created my LLC and requested S corp status based on your advised threshold in the other video. But I have no idea how to set you salary payments. That’s where I get lost

[AnonymousBased]

This is exactly the type of information I was looking for to get a good understanding of what it would take to LEGALLY start and be recognized as a business. You just gained a new subscriber.

[VitaTonga]

Learning a lot from your private CLASS - Didn't finish school but i own a few company and the way you teach it's so simple to understand. Thank you

[cenk]

Finally something tangible. You sir have earned yourself a subscription.

[thebigbloch]

Bro, how is your channel not huge!!! Thank you so much for the info!!!!

[kimbertmedina]

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[Dante.]

Im just about to launch my own llc service and your little tidbit about becoming an S-Corp just saved me so much money! THANK YOU!

[DenverDivaRound]

AMAZING! Thank you for the great, great video and information! What a great speaker you are to making not so interesting information VERY INTERESTING! Cheers, Karlton!

[Plnetkhia]

Omfg!!! I sware I just said this yesterday 👀! I needed you to talk about this!!! I said it again this morning!!!! Thank you!!!

[FCTHETRUTH]

this the greatest tax advice llc video i've seen ever!!! so clear straight to the point!!!

[wilkyyy]

Thank you. For the videos. It’s very stressful when u start an llc and jst have it sitting there because of fear of the taxes n having all the documents but ur videos help. Appreciate

[devincollins]

I really like this guy. Found a niche, executed with elegance. Gave VALUABLE insight and information to the tax world. These videos are now my standard for YouTube tax information. Much thanks. Please keep it up!

[aniljoseph]

I think there is a misunderstand for most business individuals who also have a W2 income from another company.

S corp is not good for those who also have a high income W2 as well. You’re better off doing a sole proprietor IF you have a W2 job that pays over 140k annually. You don’t want to pay self employment taxes on both your W2 and your payroll through your business. You won’t get your self employment employer portion tax refund. Better to do Sole Proprietor if you have a high income W2 from another employer.

[erictbe]

As a business banker for a large bank, i already knew most of the things you were talking about! But the way you explain and break down everything is great!! I learned a lot and subscribed, thanks for all the info & please keep the videos coming 🙏🏽🙏🏽