How to Setup S Corp Payroll (Step-by-Step Guide) - How to Pay Yourself as the Owner

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  • Опубліковано 23 січ 2025

КОМЕНТАРІ • 44

  • @mycpacoach
    @mycpacoach  Рік тому +1

    Watch Next: The Best Payroll Service for S-Corps ua-cam.com/video/8RYQj1TKyPU/v-deo.html

    • @mycpacoach
      @mycpacoach  Рік тому

      If you still need a payroll provider, you can just use one of our firm's discount links below:
      - ADP (Get 20% Off): bit.ly/adpmycpacoach
      - Gusto (Get a $100 Gift Card): bit.ly/gustomycpa
      - QuickBooks Payroll (Get 20% Off): bit.ly/intuitmycpa

  • @kiaracouch9315
    @kiaracouch9315 Рік тому +3

    Thank you soooooooooo much! You are helping me enhance my life and knowledge! I use ADP Roll and use the labor of statistics to decide on reasonable salary

  • @BrianJohnson-kh7mg
    @BrianJohnson-kh7mg 10 місяців тому +1

    Great step by step explanation. Thanks!

  • @AdelitaWilliam-dl7ci
    @AdelitaWilliam-dl7ci 9 місяців тому +2

    Your videos are very useful and provide lots of information. I have received lots of help after watching this post, please continue to share this kind of information. Thank you.

    • @mycpacoach
      @mycpacoach  9 місяців тому

      You’re welcome. What kind of content can I create to further help you?

  • @Gio-vf1zf
    @Gio-vf1zf Рік тому +2

    Excellent projection skills. Thank You.

  • @ebonys6834
    @ebonys6834 Місяць тому

    You made this a lot less scary! Thank you!

  • @dopegrillzbylee
    @dopegrillzbylee Рік тому

    Ready to setup payroll for my company and this first video I’m watching appreciate it

  • @TheAymoneShow
    @TheAymoneShow 2 місяці тому

    Look at your videos blowing up now ❤

  • @jaynilpatel1478
    @jaynilpatel1478 6 місяців тому +2

    I did not run payroll for the first quarter, but did withdraw money from s corp, i started my payroll with gusto this month only. How should I treat the money that I withdraw in the first quarter? Distribution?

  • @malindawilson1566
    @malindawilson1566 Рік тому +2

    why is the city or local tax included not included?

  • @SunHealthMedClinic
    @SunHealthMedClinic Рік тому

    Thank you for helping us learn from your experience!

  • @NicoleEthridge-c4q
    @NicoleEthridge-c4q 5 місяців тому +1

    Would you start payroll after IRS accepts the form or during waiting period?

  • @katmonra
    @katmonra 8 місяців тому +1

    Thank you so much for sharing this!

  • @sarabethvandegrift7689
    @sarabethvandegrift7689 Рік тому

    Wow this was incredibly helpful. Thank you. 😊

  • @jimeagle5509
    @jimeagle5509 9 місяців тому +1

    When you get paid for your services (selling hot dogs, etc), where is that money deposited to run it through payroll ?….in quickbooks? Thanks for the video.

    • @MiddleClassClimber
      @MiddleClassClimber 2 місяці тому +1

      Your revenue should be flowing into your business bank account. Your payroll provider pulls funds from your business bank account in order to facilitate direct deposit and make tax payments on your company's behalf. Hope that helps!

  • @bluecollarbones
    @bluecollarbones Рік тому

    Great advice!! Thank you for these videos🤘⚒️🤘

    • @mycpacoach
      @mycpacoach  Рік тому +1

      I’m happy to help! Thank you for dropping a comment.

  • @markrsolomon1
    @markrsolomon1 2 місяці тому

    Which payroll company are the screenshot from? Great videos as usual.

  • @SaraHome-investment
    @SaraHome-investment 5 місяців тому

    How about if the owner is relative and the company has only one employee?

  • @woodsmithusa6583
    @woodsmithusa6583 Рік тому

    Well presented and very helpful

  • @irinam9848
    @irinam9848 8 місяців тому

    Very helpful, thank you!

    • @mycpacoach
      @mycpacoach  8 місяців тому +1

      Glad you found it helpful!

  • @richardthompson2494
    @richardthompson2494 Місяць тому

    How much is much less?

  • @Alaminzaid1
    @Alaminzaid1 9 місяців тому

    Top of the line!!!

  • @stephenw.20
    @stephenw.20 Рік тому

    Excellent information

  • @CursedOnii
    @CursedOnii Рік тому

    Thank you!!! 💚💚💚💚

  • @bernardifilms
    @bernardifilms 9 місяців тому

    Setting up state accounts was by far the hardest part

    • @mycpacoach
      @mycpacoach  9 місяців тому

      What state are you in?

    • @bernardifilms
      @bernardifilms 9 місяців тому

      NJ there was a bug on the site that prevented me from selecting the s corp option.

  • @TheMotionBboy
    @TheMotionBboy Рік тому

    Phenomenal!!!

  • @RebeccaCampbell-dw7ne
    @RebeccaCampbell-dw7ne 8 місяців тому

    Thank you

  • @MikeTXBerry
    @MikeTXBerry 8 місяців тому

    Fantastic information but man that camera shake you add to all of your videos makes me motion sick

    • @mycpacoach
      @mycpacoach  8 місяців тому

      Thanks, Mike. I've fixed this going forward.

  • @FranciscoCarcamo-ux7jb
    @FranciscoCarcamo-ux7jb Рік тому

    🇱🇷🇱🇷🇱🇷🇱🇷🇱🇷🇭🇳