In this video I demonstrate a simplified example of paying yourself with a Draw vs paying yourself as a W-2 employee.

This video goes into more detail about different business structures and how you would pay yourself based on your business structure:
   • How to Pay Yourself Based on your Bus...  

If you would like to set up a Gusto account to process payroll, you can use the link below. Right now Gusto has a promotion that gives you a $100 gift card if you sign up and meet their requirements. I will also receive a promotion if you use this link.
gusto.com/r/michelle9543

Disclaimer: This video is not intended to replace advice from your CPA or tax preparer.