35 | Paying Yourself - What does that mean?

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Fish Food

Business


Whether you’re selling your homemade goods from the trunk of your car or if you’re five years into your LLC, knowing how to pay yourself is one of the most-asked questions entrepreneurs have. And on today’s episode of the Fish Food podcast, we’ve got answers!You’ll want to tune into this episode if:•  You’ve ever wondered the difference between a sole proprietorship, a partnership, an LLC, and an S corporation.• You have a difficult time deciding whether or not classifying your business as an S corporation will help you save money on your taxes.• You don’t quite know how to pay yourself.• You’d like to understand how the state and federal government view your business and what your taxes will look like.As always, we’re here to help entrepreneurs just like you. If you have any questions or would like more information about anything related to business, taxes, and the like, go follow us on Instagram to continue the conversation! Find us online:Website: www.littlefishaccounting.comInstagram: www.instagram.com/littlefishaccountingFacebook: www.facebook.com/littlefishacctg Subscribe to our newsletter! Biweekly tips, guidance and resources.www.littlefishaccounting.com/subscribe We'd love to hear from you! Email us at podcast@littlefishaccounting.com