Money, money, money! Being the owner of an LLC, knowing how to give yourself the big bucks truly is very important. So, we thought it would be helpful to explain all the different methods of how to pay yourself. And, the methods available for various LLC types!

💡What is a draw?
💡What are distributions?
💡And what do you do in an LLC taxed as an S-Corp?
🔵 And much more!

Want to see our playlist on tax advice for LLC's?
Check it out here:    • Taxes for Content Creators: LLC Tax A...  

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- CHAPTERS -
0:01 - Introduction
1:10 - The Methods of Taking Out Money
1:12 - Regular Draws
1:58 - Distributions
2:46 - Salary
3:31 - Loans
4:17 - The Methods Available for LLC Types
4:21 - Single Member LLC
4:50 - Multi Member LLC
5:21 - LLC elected as a C-Corp
6:20 - LLC elected as a S-Corp
7:14 - Summary

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the team at StartGlobal. The speaker does not guarantee any particular outcome.

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