• Home
  • About SteveBizBlog
  • Hosted By LearnAboutOilAndGas.com
  • Team

Home

  • Home
  • Free Downloads
  • Videos
  • Courses
  • Books
  • Small Business Advice Navigator
Small
Business
Advice
Navigator

Get Paid 15

 

Cash Flow Quadrant – Why It Is So Important to Understand

Income can be earned from being an employee, form being Self-employed, form a Business Owner with employees, and by being an investor in several businesses.

2 years ago
Click here to see how income is generated in each of four cash flow quadrants and why it is important to know the difference
 

The Best Way to Contract and Get Paid as a Service Business

Many small business owners come from corporate America and adopt their outdated contracting and payment processes when they set up their project and billing processes.

2 years ago
Click here to see how small business use digitally-enabled system to contract and get paid.
 

Epic Tax Code Changes to Increase Interest in Entrepreneurship

The changing landscape of the US tax code continues to create tailwinds for the business owner. Today, when it comes to earned income, the amount you make may matter less as compared to how you make it giving rise to more small businesses. With the massive surge toward small business ownership will be an increased need for qualified small business knowledge.

3 years ago
Click here to see why the tax code favors business owners over employees
 Background Image Credit: Campaign Creators on Unsplash

How to Get Paid in an S-Corp

How You Get Paid as An Office and Or Shareholder of an S-Corp Is Different. Here Is What You Need to Know About Getting Paid.

3 years ago
Click here to discover the proper way to get paid as an officer and shareholder of an S-Corp
 

How to Pay a Non-Partner General Manager of Limited Partnership

In some cases, all the partners of a limited partnership may be investors only and not managers. The partnership may hire an outside general manager (employee) to make the day-to-day decisions, and therefore, acts as the manager. In this case, the general manager is an employee of the business, but since they are not a partner (aka owner), their income is just like that of an employee in any business.

3 years ago
Click here to discover the proper way to pay a non-partner general manager in a limited partnership
 Background Image Credit: Michał Parzuchowski on Unsplash

How to Get Paid in a Limited Partnership

How You Get Paid as A Non-Partner General Manager or As General Partner of a Limited Partnership Is Different. Here Is What You Need to Know

3 years ago
Click here to discover the proper way to pay limited partners in a limited partnership
 

How to Get Paid as a General Partner of Limited Partnership

A partner in a limited partnership that is a decision-maker (general partner) is considered an employee of the business by the IRS and is treated differently than limited partners. Income for general partners is considered earned income and is subject to additional taxes but also to additional potential tax deductions. Moreover, as a general partner, you are exposed to additional liabilities.

3 years ago
Click here to discover the proper way to get paid as a general partner in a limited partnership
 

How to Pay a Non-Member General Manager of a Multi-Member LLC

In some cases, all the members of an LLC may be investors only and not managers. The business may hire an outside general manager (employee) to make the day-to-day decisions, and therefore, acts as the manager. In this case, the general manager is an employee of the business, but since they are not a member (aka owner), their income is just like that of an employee in any business.

3 years ago
Click here to discover the proper way to pay a non-member general manager in a multi-member LLC
 

How to Pay a Non-Manager Member of a Multi-Member LLC

When you have an investor in your LLC, who works less than 500 hours in a given tax year for the LLC, and they do not participate in its management, they are considered limited in their liability and their income is usually considered passive income subjecting the income to only federal and state income taxes based on their marginal tax rate.

3 years ago
Click here to discover the proper way to pay non-manager members in a multi-member LLC
 Background Image Credit: Paul Melki on Unsplash

How to Get Paid in a Multi-Member LLC

A member in an LLC that is a decision-maker (manager) is considered an employee of the business by the IRS and is treated differently than non-manager members. Income for managers is considered earned income and is subject to additional taxes but also to additional potential tax deductions. Moreover, as a manager, you are exposed to additional liabilities.

3 years ago
Click here to discover the proper way to get paid as a manager in a multi-member LLC
Older posts
My Featured Sponsor

SCORE

Colorado Springs SCORE offers FREE business mentoring, a wide range of educational programs, numerous templates, and tools to help you start or grow your for-profit or a non-profit business.

Make a Mentoring Request

 

Download a FREE copy of 'New Research Shows Most Business Planning Advice is Wrong

Email – steve@stevebizblog.com

logo

Email – steve@stevebizblog.com

Navigation
  • Videos
  • Resources
  • Email Signup
  • Products
  • Free Downloads
  • Courses
Policies
  • Privacy
  • Returns and Refunds Policy
Search
  • Browse By Keyword
  • Navigator Site Map
  • Table Of Contents
2020 © Small Business Ideas | Starting a Small Business
SteveBizBlog.com uses images (including royalty free creative commons images) to enhance the educational value of our content. We believe that our use of such images does not violate copyright or fair-use laws. If you discover any image on the site that you feel violates such laws, please contact me at steve@stevebizblog.com.

Subscribe

close