One of the most frequently asked questions I receive in my work with small business owners is how do you pay yourself when you're the sole proprietor? Unless you are able to pay yourself a salary commensurate with your duties in the business, you generally cannot elect your business to be taxed as an S Corp, meaning that you will remain a sole proprietor or single member LLC and take an owner's draw to pay yourself. You're in business to make money and to create the life you want, so I am teaching you how to go about paying yourself so that you can make that happen. You'll learn about the implications on your personal finances and individual taxes when you are the sole proprietor of any business.
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I have a free downloadable guide that walks you through my receipt organization system. Overwhelmed by paperwork and can't seem to tackle that mountain of receipts? I walk you through mindset work to help you start your journey to better organization. Develop your own functional organization system that works with your needs and your brain, based on the system that I use for my own business and all of my clients. It's free to download at this link: https://AllEaseAccounting.com/Chaos-to-Calm-Receipt-Organization-Guide
