I'm A Business Owner: How Should I Pay Myself?

I'm A Business Owner: How Should I Pay Myself?

I am a business owner.  Should I set myself up on payroll?  Should I pay myself through a draw? Should I pay myself through a distribution?  Should I set up a guaranteed payment system to pay myself?  All of these options can confuse the best of us.  

As a small business owner,  how many times have you wondered if you are paying yourself per IRS  requirements?  This class explains how owners of the most common types of businesses in the United States are required by law to pay themselves. 

Getting it wrong can cost you and your business a lot of money in penalties and interest.

How an owner of each type of business structure in the United States is required by law to pay themselves.

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What you will learn

• The legal and correct way you are required to pay yourself based on your business type

Rating: 4.45

Level: Beginner Level

Duration: 1 hour

Instructor: Desarie Anderson, CPA, EA