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

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  • Опубликовано: 29 янв 2025

Комментарии • 44

  • @mycpacoach
    @mycpacoach  Год назад +1

    Watch Next: The Best Payroll Service for S-Corps ruclips.net/video/8RYQj1TKyPU/видео.html

    • @mycpacoach
      @mycpacoach  Год назад

      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 Год назад +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 месяцев назад +1

    Great step by step explanation. Thanks!

  • @Gio-vf1zf
    @Gio-vf1zf Год назад +2

    Excellent projection skills. Thank You.

  • @AdelitaWilliam-dl7ci
    @AdelitaWilliam-dl7ci 9 месяцев назад +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 месяцев назад

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

  • @ebonys6834
    @ebonys6834 Месяц назад

    You made this a lot less scary! Thank you!

  • @dopegrillzbylee
    @dopegrillzbylee Год назад

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

  • @TheAymoneShow
    @TheAymoneShow 2 месяца назад

    Look at your videos blowing up now ❤

  • @jaynilpatel1478
    @jaynilpatel1478 6 месяцев назад +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?

  • @SunHealthMedClinic
    @SunHealthMedClinic Год назад

    Thank you for helping us learn from your experience!

  • @malindawilson1566
    @malindawilson1566 Год назад +2

    why is the city or local tax included not included?

  • @katmonra
    @katmonra 8 месяцев назад +1

    Thank you so much for sharing this!

  • @NicoleEthridge-c4q
    @NicoleEthridge-c4q 5 месяцев назад +1

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

  • @bluecollarbones
    @bluecollarbones Год назад

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

    • @mycpacoach
      @mycpacoach  Год назад +1

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

  • @sarabethvandegrift7689
    @sarabethvandegrift7689 Год назад

    Wow this was incredibly helpful. Thank you. 😊

  • @woodsmithusa6583
    @woodsmithusa6583 Год назад

    Well presented and very helpful

  • @markrsolomon1
    @markrsolomon1 2 месяца назад

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

  • @bernardifilms
    @bernardifilms 10 месяцев назад

    Setting up state accounts was by far the hardest part

    • @mycpacoach
      @mycpacoach  10 месяцев назад

      What state are you in?

    • @bernardifilms
      @bernardifilms 10 месяцев назад

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

  • @jimeagle5509
    @jimeagle5509 9 месяцев назад +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 месяца назад +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!

  • @irinam9848
    @irinam9848 8 месяцев назад

    Very helpful, thank you!

    • @mycpacoach
      @mycpacoach  8 месяцев назад +1

      Glad you found it helpful!

  • @SaraHome-investment
    @SaraHome-investment 5 месяцев назад

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

  • @richardthompson2494
    @richardthompson2494 Месяц назад

    How much is much less?

  • @Alaminzaid1
    @Alaminzaid1 9 месяцев назад

    Top of the line!!!

  • @stephenw.20
    @stephenw.20 Год назад

    Excellent information

  • @CursedOnii
    @CursedOnii Год назад

    Thank you!!! 💚💚💚💚

  • @RebeccaCampbell-dw7ne
    @RebeccaCampbell-dw7ne 8 месяцев назад

    Thank you

  • @TheMotionBboy
    @TheMotionBboy Год назад

    Phenomenal!!!

  • @MikeTXBerry
    @MikeTXBerry 8 месяцев назад

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

    • @mycpacoach
      @mycpacoach  8 месяцев назад

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

  • @FranciscoCarcamo-ux7jb
    @FranciscoCarcamo-ux7jb Год назад

    🇱🇷🇱🇷🇱🇷🇱🇷🇱🇷🇭🇳