February 8, 2025

What Happens If You Don't Pay Yourself from Your LLC?

Navigating the ins and outs of paying yourself from your LLC can feel like an overwhelming task, but understanding the consequences of not doing so is crucial for any business owner. From missed tax deductions to potential cash flow issues, this key aspect of your business operations shouldn't be overlooked. Learn about how not paying yourself can affect your business's tax situation, what alternatives exist, and why regular payments matter for your LLC's health. Discover the potential risks and how they might be mitigated with a more structured payment strategy.