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 North Dakota Small Business Taxes the Employer's 2023-2025

2023-2025 Form

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hey everyone chad pavel cpa here the big question i often get from first-time entrepreneurs very very very very often is how do i pay myself and how do i pay taxes on a single member llc [Music] all right so this is your first time opening a business if you've never run an llc before you've never had a tax return and you're just thinking about how do i actually pay myself and how do i make sure that i'm keeping track of all the profit and loss how do i pay taxes i don't want to have penalties and interest how do i stay on top of all this stuff so you're definitely asking yourself the right question so what i've done is i've created a quick little whiteboard presentation where i'm going to show you what it really takes to first track your profit and losses within an llc and then second how your income actually carries over to your tax return and then number three how to actually pay taxes on your llc profits all rig

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