4. Music by Nomad vs. Settler. There are lots of things I like about it, but overall it’s a liability when trying to be and accurately reporting company.GeeknDestr0y 2 points submitted 2 months agoLLC, S Corp elections all the Principal owner to be treated as both an owner and an employee meaning that the owner would need to be paid a reasonable salary. This is pretty vague to be honest, but this is a great article that discusses it further.We normally advise clients to incorporate as an S Corp and forego salaries early on and take draws when funds are available. Once draws become regular due to a more regular cash flow, convert draw payments into payroll checks.tshundel 1 point submitted 4 months agoI can begin to estimate the revenue I make from the car videos, however I sure they would help gain exposure, subscribers, etc.
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