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welcome back to taxes made simple im your host carlton dennis and today were going to go over how to pay yourself as a single member llc if youre someone who has recently started a business then you probably are thinking about setting up a single member llc or a multi-member llc if youre getting into partnership with someone but in todays video were going to discuss exactly how you should be paying yourself as a single member llc to not get yourself in trouble and to make sure that youre leveraging the tax law the way that its meant to be leveraged lets dive in [Music] now the first thing we have to understand about the single member llc is the characteristics of the single member llc if youre a single member llc owner that means you have established a disregarded entity a disregarded entity is no different than a sole proprietor business which pretty much means is that you decided to start a business but the only thing now that youve done is that youve separated the liabi
