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Viewer S-corp Questions: How to pay yourself in S-corp? Pay your business investment back tax free? 

Business Finance Coach
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In this video, I answer a viewer's question about the s-corporation. We cover how to decide how much to pay yourself, why the s-corp saves money, and how to pay yourself back tax-free after you invest your personal money into the business.
If you want to learn more about setting up the s-corp correctly and to save taxes, join us for the FREE training, "#6 Common Mistakes That Business Owners Make With The S-corporation": www.amandarussell.mba/scorpmi...
You can submit your own business finance questions to be considered for a youtube video topic here: www.amandarussell.mba/questio...
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9 сен 2023

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Комментарии : 4   
@julietravis6451
@julietravis6451 9 месяцев назад
I finally understand these things. Thank you!
@sourcefor
@sourcefor 10 месяцев назад
Hello, I have a small S corp with 1 employee, me, do I need an accountant or can I do it myself and what is the best software to use for that? And if I need an accountant, can you recommend someone? I am in Florida, thank you!
@320MN
@320MN 10 месяцев назад
I downloaded your spreadsheet templates, Do you plan to update this to 2023? I see it has 2021 mileage rates and standard deductions.
@davidscott7682
@davidscott7682 5 месяцев назад
You should be able to do that yourself - separate the cost from the /mile by using the cell to the left. There you can change the cost per mile each year. Then change the formula for total cost to calculate the mileage cell * the cost
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