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

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  • Опубликовано: 10 дек 2024

Комментарии • 28

  • @shenelldavis6491
    @shenelldavis6491 3 месяца назад

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

  • @gregperry9204
    @gregperry9204 3 года назад +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?

  • @quickbooks
    @quickbooks  3 года назад

    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 года назад +5

    Well done, entertaining and informative!

  • @Urbanetectonics
    @Urbanetectonics 3 года назад +5

    Easy to understand. Great learning tool.

    • @quickbooks
      @quickbooks  3 года назад +1

      Glad to hear you found it useful! ^Emma

  • @MagickandMediums
    @MagickandMediums 2 года назад +2

    such a cute and informative video!

  • @ogreavesx
    @ogreavesx 2 года назад +2

    Love her, very helpful

  • @EDOutdoors91
    @EDOutdoors91 2 года назад +3

    Literally answered everything except for the question....

    • @quickbooks
      @quickbooks  2 года назад

      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 Год назад

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

  • @kennyshandcuffs9005
    @kennyshandcuffs9005 2 года назад +1

    Wow thanks so much.

  • @kassiedoo
    @kassiedoo 2 года назад +1

    Thank you so much

  • @aaronmartinez2170
    @aaronmartinez2170 10 месяцев назад

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

    • @quickbooks
      @quickbooks  8 месяцев назад

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

  • @CelineTheAquarius
    @CelineTheAquarius Год назад +1

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

  • @ALLEATSLLC
    @ALLEATSLLC 2 года назад +1

    Thank you so much...great information #lifesaver

  • @heatherpowell3435
    @heatherpowell3435 2 года назад

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

  • @bonniefowler4198
    @bonniefowler4198 3 года назад

    Where is the link to the article?

    • @quickbooks
      @quickbooks  3 года назад

      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!

  • @brandonacklin1913
    @brandonacklin1913 3 года назад +1

    Nice

  • @RobertGarcia-ty8ks
    @RobertGarcia-ty8ks 3 года назад +2

    Yes

  • @saritaylor3648
    @saritaylor3648 3 года назад

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

    • @quickbooks
      @quickbooks  3 года назад

      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 года назад +1

    🐍🐍🐍

  • @cbell3408
    @cbell3408 2 года назад +3

    Great job! Excellent execution.👍👍