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Podcast: Remarkable Results Radio Podcast
Episode: Are S-Corp Distributions/Draws Taxable? - Business By The Numbers
Description: This week Hunt discusses a common misconception surrounding S-Corp draws and how they are taxed.•What is a draw and how do you know how much you can take out of your business?•Does the amount that I pay myself have any relationship or impact on how much in draws I can take?•Do I pay tax on my draws?•What are issues that I could end up paying taxes on my distributions from my business?Thanks to our partners, NAPA TRACS and PromotiveVisit NAPATRACS.com and GoPromotive.comPaar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online : w...