How to pay yourself as a small business owner: salary vs draw | Start your business

Поділитися
Вставка
  • Опубліковано 25 жов 2024

КОМЕНТАРІ • 28

  • @gregperry9204
    @gregperry9204 3 роки тому +4

    But how do you actually do it in QB online? I'm an S CORP i want to et up paying myself a salary, how?

  • @shenelldavis6491
    @shenelldavis6491 2 місяці тому

    Thank you for the information, it's very helpful.

  • @quickbooks
    @quickbooks  3 роки тому

    I've got you covered, Greg. The Article below will provide a step by step guide on how to pay yourself. Please let me know if you run into any issues along the way. quickbooks.intuit.com/learn-support/en-us/chart-of-accounts/set-up-and-pay-an-owner-s-draw/00/185809 ^Alex

  • @margaretdixon9202
    @margaretdixon9202 2 роки тому +5

    Well done, entertaining and informative!

  • @Urbanetectonics
    @Urbanetectonics 3 роки тому +5

    Easy to understand. Great learning tool.

    • @quickbooks
      @quickbooks  3 роки тому +1

      Glad to hear you found it useful! ^Emma

  • @EDOutdoors91
    @EDOutdoors91 2 роки тому +3

    Literally answered everything except for the question....

    • @quickbooks
      @quickbooks  2 роки тому

      Hi there!
      Our article here: quickbooks.intuit.com/r/payroll/salary-or-draw-how-to-pay-yourself-as-business-owner/goes through a detailed break-down of the differences between these two ways to pay yourself, and which is most applicable to your particular business/business type. This should help clarify what the video went over for you!
      ^Faith

    • @Citius220
      @Citius220 Рік тому

      @@quickbooks The linked article is even worse than the video. The video did not answer anything -- just raised more questions 😭

  • @MagickandMediums
    @MagickandMediums 2 роки тому +2

    such a cute and informative video!

  • @ogreavesx
    @ogreavesx 2 роки тому +2

    Love her, very helpful

  • @kennyshandcuffs9005
    @kennyshandcuffs9005 2 роки тому +1

    Wow thanks so much.

  • @kassiedoo
    @kassiedoo 2 роки тому +1

    Thank you so much

  • @CelinetheAquarius
    @CelinetheAquarius Рік тому +1

    yall made a video and I still don't understand :/

  • @aaronmartinez2170
    @aaronmartinez2170 8 місяців тому

    For a s corp can u pay you’re self through payroll and owners draw

    • @quickbooks
      @quickbooks  7 місяців тому

      Hey there. For any questions such as this as to pay yourself, we suggest contacting your accountant. Have a great day. -Kristina

  • @ALLEATSLLC
    @ALLEATSLLC 2 роки тому +1

    Thank you so much...great information #lifesaver

  • @bonniefowler4198
    @bonniefowler4198 3 роки тому

    Where is the link to the article?

    • @quickbooks
      @quickbooks  3 роки тому

      Good afternoon, Bonnie! You can view the article about taking Salary vs Owners Draw right here: quickbooks.intuit.com/r/payroll/salary-or-draw-how-to-pay-yourself-as-business-owner/ Please feel free to reach out with any other questions!

  • @heatherpowell3435
    @heatherpowell3435 2 роки тому

    How do I pay someone for an Audit and to do this for me off rip

  • @RobertGarcia-ty8ks
    @RobertGarcia-ty8ks 3 роки тому +2

    Yes

  • @brandonacklin1913
    @brandonacklin1913 3 роки тому +1

    Nice

  • @saritaylor3648
    @saritaylor3648 3 роки тому

    So if you draw you should tax it too is that right

    • @quickbooks
      @quickbooks  3 роки тому

      Hello there, Sari. While we can't tell you exactly what should be taxed and what shouldn't, we can provide insight to help you better understand salary vs owners draw. For more information on the topic, and how to determine which is best for your business, please visit: quickbooks.intuit.com/r/payroll/salary-or-draw-how-to-pay-yourself-as-business-owner/ Don't hesitate to reach out with any other questions!

  • @brandonacklin1913
    @brandonacklin1913 3 роки тому +1

    🐍🐍🐍

  • @cbell3408
    @cbell3408 2 роки тому +3

    Great job! Excellent execution.👍👍