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Tag: owner draw

Paying Yourself from an LLC: What You Need to Know

Paying Yourself from an LLC: What You Need to Know
Taran Brinson 27/02/25
LLC payment business taxes owner draw LLC salary

Wondering if and how you should pay yourself from your LLC? It all boils down to understanding your LLC setup, from the tax implications to practical payment methods. Whether your LLC is treated as a sole proprietorship or a corporation, your payment process varies. Dive into this guide to understand your options, including taking owner draws or setting up a salary. We break down key elements so you can make informed decisions for smooth financial operations.

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