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Tag: S-Corp Payroll

Understanding Owner’s Draw vs. Salary: What Every Business Owner Should Know

Small Business AccountingJune 3, 2026429Views 31Likes 0Comments

The Corporate Account Myth Just because money is sitting in your business bank account does not mean you can spend it however you want. How you take money out of the business matters just as much as how much you take. The two main ways owners pay themselves are Owner's Draws and W-2 Salaries. Get…

How an S-Corp Election Can Save You Thousands in Self-Employment Tax

Tax Advisory & PlanningApril 21, 2026311Views 22Likes 0Comments

For a lot of freelancers, consultants, and LLC owners, success comes with a nasty surprise: self-employment tax. You finally build a profitable business, hit a strong year, and then realize a huge chunk of your profit is getting eaten up by that extra 15.3% tax. It can feel like a success penalty. That is why…

Tag: S-Corp Payroll

Understanding Owner’s Draw vs. Salary: What Every Business Owner Should Know

How an S-Corp Election Can Save You Thousands in Self-Employment Tax

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