110 \\ Paying Yourself: Mastering W2 Salaries and Equity Distributions for Business Owners

In this episode, we dive into a big question many business owners have: How much should you pay yourself? We'll break down the rules from the IRS on wages and equity distributions for S corporations. 

You'll learn what "reasonable compensation" means and how to figure out the right amount for your salary. Plus, we'll discuss how to take extra cash out of your business without getting into trouble with taxes. Whether you're a solo entrepreneur or running a bigger business, this episode will help you understand how to pay yourself properly and avoid IRS issues. 

Tune in for simple, clear advice to make sure you're doing things right and keeping more of your hard-earned money!

 

Next Steps:

☎️ Find out how much you're overpaying in taxes every year!  Schedule a FREE discovery call to find out --> https://phillipsbusinessgroup.com/

📧 Contact Me --> hello@phillipsbusinessgroup.com 

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