How Are You Paying Yourself? Let's Talk Story 🌺
- Lindsay Read

- 2 days ago
- 1 min read
Not every business owner gets paid the same way.
And in Hawaii, where so many of us wear every hat in the business — this one really matters.
Using the wrong method for your structure? That's a tax headache nobody needs. 😬
Here's the simple breakdown:
👉 Owner's Draw
→ You pull money from your business profits
→ Common for sole proprietors, partnerships, LLCs
→ No set schedule required
→ Taxes aren't withheld — you pay them separately
👉 Salary
→ You pay yourself like an employee
→ Required for S-Corp owners
→ Payroll taxes are withheld automatically
→ Must be "reasonable" in the eyes of the IRS
Neither is better — it depends on how your business is set up.
👉 What matters is knowing which one fits YOU — and doing it consistently.
Not sure where you land? That's what we're here for. Let's figure it out together. 🤙




Comments