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367: Paying Yourself Before Year-end: S-Corps and LLCs

Main Street Business

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Don't Get Overwhelmed if You Don'T Have Cells or Income Yet.

Don't get too overwhelmed if you don't have cells or income yet. The money you put in to start this thing, you pull money out. That's not taxable. You're not going o nee to do pay roll or anything like that. Some people will loan themselves money out of the sea corp at your end and actually go through that step. It's a scary, scar process that's hard to unwind.

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