LLC: How to Pay Yourself || how to pay yourself from your LLC, salary vs distributions, tax status

Are you ready to pay yourself as the owner of an LLC? In this video I share the different ways you can pay yourself from your Limited Liability Company, depending on the tax status of your LLC (sole proprietor, partnership, or S Corporation).
00:00 Intro
00:09 Tax status of your LLC
01:09 If LLC is taxed as sole prop or partnership
08:07 If LLC is taxed as an S corp
15:12 Most important take-aways
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Legal Disclosure: I am licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice - please seek advice of counsel. This video and description may contain attorney advertising.
Disclosure: My videos may contain reviews, recommendations, testimonials, or endorsements of other businesses, individuals, events, materials (such as books), products, services, or websites. At this time I do not receive any monetary compensation or affiliate revenue for such content. I occasionally receive free access to a service, product, or program in order to provide a review; if so, I will clearly disclose this in the video.
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