Do I Have To Pay Myself A Salary From My LLC?

Do I Have To Pay Myself A Salary From My LLC?

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Do you have to pay yourself a salary from your LLC? In this video, I will explain how to pay yourself a salary from your LLC in order for the company to remain legitimate and tax-compliant.

Learn more about how to become anonymous AND appear as if you own nothing at our next Free Tax & Asset Protection Workshop. Save Your Seat: https://aba.link/tapclint

“It's critical you understand these because that's going to roll in if a salary is on the table.” 0:40

Are you unsure how to pay yourself a salary from your LLC? If you have started your LLC, you may be wondering whether or not you have to pay yourself a salary. The short answer is yes.

As an entrepreneur, it's important to know whether you have to pay yourself a salary from your LLC. After watching this video, you'll have a better idea of the answer and be able to make an informed decision.

LLCs can be a great way to start your own business and generate income, but make sure you're smart about how you pay yourself.

As a business owner, it's important to know the rules surrounding salary compensation. We'll explain the rules surrounding salary compensation and explain whether or not you need to pay yourself a salary from your LLC.

Clint Coons, Esq. has spent many years aiding and guiding LLC owners on the legal path to handling business so rest assured that he has the tools to help you with your legal needs. He is a highly-qualified lawyer who has helped countless business owners with their legal matters and can do the same for you.

If you have any questions or comments, please feel free to leave them below.

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Show Notes:
0:00 Intro
0:13 Eligibility
0:51 Salary Options
3:03 Active vs Passive Business
4:41 Employment Taxes
5:38 S-Corp & C-Corp
6:33 Partnership
8:34 Disregarded
9:56 Outro
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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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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.

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