How to Pay Yourself Archives

Freelancer, Independent Contractor, Gig Worker: What’s the Difference?

by Mariah Stewart | Mar 26, 2021 | All Up In Yo' (Personal) Business, All Up In Yo' Business, Contracts, How to Pay Yourself, Online Business, Running Your Business, Single-Member LLCs, Starting a Business, Uncategorized

A lot of different words get thrown around in business such as freelancers, independent contractor, and gig workers. I get comments under All Up In Yo’ Business epsiodes (which you should subscribe to here) about these roles and their possible differences. So,...

How to Pay Yourself in an S Corporation

by Aiden Durham | Feb 20, 2020 | All Up In Yo' Business, How to Pay Yourself, S Corporations, Single-Member LLCs

I posted recently about how to pay yourself in a single-member LLC, and now we’re going to cover how to pay yourself in an S Corporation. There are virtually zero rules or requirements when it comes to paying yourself in a single-member LLC. But paying yourself...

How To Pay Yourself In A Single Member LLC

by Aiden Durham | Feb 18, 2020 | How to Pay Yourself, LLCs, Single-Member LLCs

Your business is profiting but you’re still unsure of how to pay yourself in a single-member LLC. Figuring out how to pay yourself in a single-member LLC can seem confusing. Which would explain why this is a common question I get asked. The good thing is that...

Can I Deduct Mileage and Auto Expenses?

by Aiden Durham | Oct 8, 2015 | All Up In Yo' Business, General, How to Pay Yourself, LLCs, Running Your Business, Single-Member LLCs, Starting a Business, Taxes

Can I Deduct Mileage and Auto Expenses? Tax deductions are a popular topic among business owners. When you can and can’t deduct mileage and auto expenses is one of the more common questions that come up. Since I am not a CPA or a tax expert, I always recommend that my...

How to Pay Yourself in a Multi Member LLC

by Aiden Durham | Mar 14, 2015 | All Up In Yo' Business, General, How to Pay Yourself, LLCs, Running Your Business, Taxes

Previously, I discussed how to pay yourself when you are the owner of a single member LLC. In an effort to not “single out” the single member LLCs, I wanted to also discuss how to pay yourself in a multi member LLC. Luckily, how to pay yourself in a multi...

How To Pay Yourself From Your LLC

by Aiden Durham | Nov 3, 2014 | All Up In Yo' Business, General, How to Pay Yourself, LLCs, S Corporations, Single-Member LLCs, Taxes

A good question that I get asked quite often is about how to pay yourself from your LLC. Figuring out how to pay yourself from your LLC can seem like a daunting concept if you’re in a single-member LLC. Never fear! It really is much easier than you’d...