Post by Paychex

251,505 followers

You built the business. Are you paying yourself correctly? Far too many business owners set up their pay structure in year one and never look at it again. That works...until it doesn't. The way you pay yourself isn't just based on personal preference. It's determined by your business structure, and it has direct tax consequences that compound over time. Sole prop, LLC, S-Corp: each one has a correct method. Swipe through to find yours, then read the full breakdown here. https://lnkd.in/e5Q2GgNc #SmallBusiness #OwnerOperator #PayrollTips

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