Комментарии:
If you do business out of your home, is your rent not a business expense then?
ОтветитьNo withholding tax ??? It must be a new thing Jesus Christ that i missed if I don’t know. I thought he was talking about dividends but whatever.
ОтветитьStill have to pay SE, state, and fed taxes on those owners draw correct?
Ответитьif anyone is looking for a business bank account globally and payment gateway also reply me
ОтветитьIs it this simple for a partnership as wel?
ОтветитьWhat if u have a holding company that owns the operating llc. Does it have to go to the holding company bank acct first
ОтветитьDo you have to write a check or can you withdraw with your debit card
ОтветитьMan’s lyin don’t listen to this people
ОтветитьThis helped dms so much thank you
ОтветитьIm so lost 😕I’m an employee for a remodeling company and he wants to register an llc for me. Why would that be a good idea? If I’m an employee not a business owner
ОтветитьWhat if I’m making only $7000 a year?
Ответить"commingling funds "
commingling funds back in forth to your llc bank account to your personal bank account makes your llc pointless, it open a person up to civil liabilities, alleged fraud and embezzlement charges,
I'm 21 so please correct me if I'm wrong
Wow... mind blown
Ответить💯
ОтветитьHow do you put that on your tax return 1065?
ОтветитьIs an owner’s draw taxable?
ОтветитьI am starting a lawn service business, would you recommend me opening it as a LLC even though I'm by myself 😊
Ответить😅😂😂❤❤
ОтветитьThe only way to open an llc is to HAVE a business? Or just have to have a job/income? I wish I understood any of this 😩😩
ОтветитьWhy not cut yourself a check from the business bank account
ОтветитьWould this also apply on Grabbing cash from a business credit card?
ОтветитьWhat is an llc ?
ОтветитьCan i zelle myself from my business acct over to my personal acct or would it be better or safer to just write a check to myself?
ОтветитьDid you just make a whole video basically saying withdraw it from your bank account
ОтветитьYeah so does that mean you're getting taxed as a Sole Proprietor or as an S-corp?
ОтветитьCan’t you do distribution too? That money is not taxed
Ответить😅 man
ОтветитьWould this not be considered commingling funds?
ОтветитьWhat if you register your home as your home office and the rent/internet is all considered bussiness expense as well?
ОтветитьWhy should a small business owner get an LLC?
ОтветитьThx !
ОтветитьNah. You gotta write up self a check and have yourself on pay roll 😂
ОтветитьWhat’s the tax percentage or fees on the owners draw?
ОтветитьIf you use your home partly for “business” like an office make sure to write off a portion of rent and utilities too 👍🏼
ОтветитьIf you use your home partly for “business” like an office make sure to write off a portion of rent and utilities too 👍🏼
ОтветитьI fucking new I wasn’t the only one that did this! $ apparently the dollar has always had one slash. But I’ve always known it with 2 Mandela effect
ОтветитьWhat is you are 1099 how does that work with an llc?
ОтветитьSounds like your piercing the corporate vail ....
ОтветитьWhy do many owners say write yourself a check instead??
ОтветитьWouldn’t this be commingling funds? if so your setting your self up to get sued😂
ОтветитьI heard not to do this cause you still could be sued if the buiness goes up
ОтветитьSo you have to "name it" an owners draw when you make the transfer online? Where do you specify the title of "ownership draw"??
ОтветитьCan you do this with a sole proprietor llc and what is the tax cap on sole proprietor 15%?
ОтветитьWhat if money goes into a personal account first, what then?
ОтветитьDon’t forget that you should only do this if your LLC/business is only making less than 50-70k a year. Otherwise switch your LLC to an s corp to reduce taxes. And not pay nearly half in taxes of your owners draw.
ОтветитьDoes an owners draw have income tax waved as it’s already taxed when the llc gets the money ?
Or does income tax some how get paid later after you do the owners draw or how does that part work?
You got more videos?
ОтветитьOr can just write ya self a check simple 😉
ОтветитьDoes using zelle to transfer money from llc to personal account count as owners draw?
ОтветитьCan I set up a payroll service with a 3rd party provider and put myself as the owner and worker?
Ответить