How To Pay Yourself As An LLC In 2023

This is going to end up being a big channel.

I greatly appreciate this podcast!

How do we manage an LLC and balance child support?

I can't wait to sit at the table with like minded individuals and level up together!!!

This was great content, excellent speakers. I would have added a few things..............Any time the owner has a personal vehicle used for business consideration should be given to whether the S corp will still make sense. Also, for anyone relying on social security for retirement I WOULD NOT recommend trying to save a few dollars on social security tax today -it lowers future social security benefits at retirement. Also, never put real estate into an S Corp --it's like marriage, easy to get into hard to get out of. With real estate put it in a regular LLC - like dating, easy to get into and easy to get out of.

💎💎💎💎Army veteran from Puerto Rico on an entrepreneurial warpath. Thank you!

Y’all just saved my life free from stress. I’m a new tax business owner, my husband has his own trucking business and I’m starting two now. I’m so grateful for this sharing of information y’all provided. Thank you so much. I appreciate it.

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does this only apply to real estate

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All the great questions and enthusiasm kept me hooked!!

Beyond Great Information 👏🏾

You guys do a great job of explaining it all in the Barney style some of us need! Thank you for sharing the knowledge in a way that gives others the confidence to move forward with starting a company in the first place!

Wow! Lots of great advice especially having those different bank accounts 😉. Thank you ☺️

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These guys are speaking so broadly and it doesn’t make sense. If I’m a business owner in sales for high ticket I have no idea how much I’m making for the year. So I’m expected to hold all this money till the end of the year before I pay myself a reasonable salary ? I have no idea how much to pay myself when all I make is around 6k a month

Hey there I'm watching you guys and learning so much I have my own LLC and a couple of rental properties I wish I knew about you guys before you guys are my new favorite guys

Great info, but that was a strangely abrupt ending.

Great video great knowledge! thank you
straight to the point!!

wow. love this where were you guys when I started my business. This is rich GEMS you dropping. Thank you

Thank you for the excellent questions and detailed responses! I'll be diving into your video library to learn more.

So do your business accounts need to be under one business or several

Thank you

Thanks for this. Really needed this info.

Appreciate this breakdown video. Much needed.

Great video, very helpful. Salute

Gems!!!! Appreciate it gents......Subscribed!!!!

Gratitude!

I'm Dennis. Living in Sierra Leone. I want to start my peanut farming business. What is my requirement to be a member of LLCs?

I don’t know if my question make sens or not this is the scenario, I have two LLCs A ( with partner ) and B just me , is it possible to pay myself from LLC A to LLC B ? Without paying myself to my personal account from LLC A.

Can you take an owner draw from grant funding or only from profits?

Q: If your business is leveraging off of credit cards, and you have 5 different c card accts with 5 diff banks, can/should you use each of those separate accts for each of your biz checking accts? Or is it recommended that all of the accts be put w. One bank?

I am a sole proprietor (LLC), I don't pay myself. I put all the money back into the business because it is still new and there isn't money to pay me. How do I file taxes for my business and not file for myself?

This is great info!!

Im just hearing about being self employed can get paid into retirement.... Am I missing anything?

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Whats the purpose of a business savings , besides replenishing the business checking?

Do you need a tax account if your business isn't making much money?

So lets say if I have a llc in a particular state and buy real estate with it. Then I transfer money to a holding LLC. Is that the same as paying another business instead of paying myself.

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im so confused what Alpha podcast is doing with yall on a topic not car inclined lol

Full time business owner for over a year now. How much monwy do i need to make before i need to get a financial adviser?

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This is God sent! I was watching a video about starting an LLC then this video immediately came next. I’m glad it did! learned a lot of useful information that I never thought I needed. Thank you! You’ve just earned another subscriber! And another IG follower for Mr Carter the CPA❤

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A lot of information on paying yourself but what about depositing money in the business without tax implications?

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Matt you have always been the 🐐 so proud of you!!!!!!👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿

🎉Carter thanks for the 💎 💎 💎 Brah.. You brother's are doing GREAT WORK.Thanks for the knowledge ❤