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How to Pay Yourself From an LLC (The Correct Way!)

Welcome back to the channel! We are here to bring you another interesting topic that is sure to help you entrepreneurs thrive. With that being said, ask yourself this question. How does one pay themselves from an LLC the right way? If you are a business owner, real estate investor, or active investor interested in asset protection, business compliance, tax preparation or estate planning, please request your free 45-minute strategy consultation with Anderson Business Advisors today. 👉 https://aba.link/i38 This is a very good question to be asking if you're an entrepreneur, self-employed under an LLC, or involved in a number of situations that apply to this. The rules are there, but it can be difficult to navigate through everything one must know. Which is why we are here, to help those of you seeking the right answers from experienced, knowledgeable professionals you can trust. There is quite a bit to go over, so let us dive into the fascinating subject of paying yourself a salary from an LLC. We would like to extend a thank you to our viewers. It is always a pleasure to share our knowledge with you in the hopes that it will help you build your wealth. If you enjoyed the content, then please subscribe to the channel. Do not miss out on future videos on our channel. Furthermore, leave us a like to show your support or to let us know that you like this type of content. Lastly, those of you with any lingering questions or opinions should head over to the comments section. We look forward to releasing more videos and hope everyone will be part of our community once more. If you would like to learn more about Toby Mathis, Esq. then please visit https://aba.link/tobysocial 👉👉SUBSCRIBE To My Channel https://www.youtube.com/c/TobyMathisE... 0:00 - Intro 3:21 - How to pay yourself from a s-corp 4:25 - How to pay yourself from a c-corp 7:41 - How is the money getting taxed 13:12 - General rule of thumb --------------------------------------------------------------------------------------------------------- SUBSCRIBE https://aba.link/subscribe ~~~~ FREE REAL ESTATE INVESTMENT STRATEGY SESSION Claim Your FREE 45-minute Investment Strategy Session to receive business planning tips and asset protection. 👉 https://aba.link/i38 FREE TAX & ASSET PROTECTION WORKSHOP Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: https://aba.link/rqf TAX TUESDAY LIVE Toby Mathis, Esq. and Jeff Webb, CPA will answer ALL your questions LIVE on Tax Tuesdays every other Tues 👉 https://aba.link/244 OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok:   / tobymathisesq   ~~~~ CONTACT US Phone: 800.706.4741 Email: [email protected] Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. of the information contained herein without seeking professional legal advice. #LLCs #PayYourselfFromLLC