{"id":4568,"date":"2021-09-23T10:46:57","date_gmt":"2021-09-23T15:46:57","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/business-operations\/how-to-pay-yourself-with-an-llc.html"},"modified":"2021-09-23T11:47:00","modified_gmt":"2021-09-23T16:47:00","slug":"how-to-pay-yourself-with-an-llc","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/business-operations\/how-to-pay-yourself-with-an-llc.html","title":{"rendered":"How to Pay Yourself With an LLC"},"content":{"rendered":"\n
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How to Pay Yourself With an LLC<\/h1>\n
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\n By Tim Kelly, J.D.<\/a> | Legally reviewed by J.P. Finet, J.D.<\/a>\n | Last updated\n
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Limited liability companies (LLCs) are a terrific way to structure a small business to limit the owner’s financial risk and maintain tax flexibility. With the proper management and bookkeeping, these business entities can prove lucrative. However, structuring your business as an LLC requires you to take added care of company finances and how you are paid.<\/p>\r\n

The Internal Revenue Service (IRS) says LLC owners must pay themselves a "reasonable amount" for their work. But that guidance isn’t beneficial since it fails to define what is reasonable. The fact is, new small business owners<\/a> must be diligent in their bookkeeping and practice moderation in the amounts they pull from the company to pay themselves.<\/p>\r\n

We make business formation EASY. Click here to start your free LLC.<\/a><\/b><\/p>\r\n

Key Takeaways<\/h2>\r\n