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How to PAY YOURSELF through your LLC
#truelegacywealth #llc #payroll
In this informative video, we'll explain in detail how to pay yourself from an LLC and why it's done that way. We will break down the different methods available for owners of Limited Liability Companies to compensate themselves, including salaries, distributions, and other forms of payment. Additionally, we will discuss the tax implications of each method and how they can affect your overall financial situation. Understanding the intricacies of payroll for an LLC is crucial for business owners who want to ensure they are compliant with regulations while also maximizing their personal income. Join us as we guide you through the essential steps and considerations in this process, helping you make informed decisions about your LLC and your finances.
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