How To Pay Yourself In An LLC With Karlton Dennis

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Пікірлер: 458

  • @karltondennis
    @karltondennis Жыл бұрын

    Thank you so much for having me on Mark! Looking forward to more collaborations and helping taxpayers save money!

  • @julienaudet9782

    @julienaudet9782

    Жыл бұрын

    I was shocked to see you all together...........I have followed Mark for a few years and found Karlton about a year ago. Love both. Mark gives a lot more info, but Karlton is good social media guy.

  • @accountantreviews7002

    @accountantreviews7002

    7 ай бұрын

    Thank You so much to you both for helping us understand better on how things work. You both are amazing.

  • @mr.vip317

    @mr.vip317

    6 ай бұрын

    I love this episode.

  • @victorhinderman2479

    @victorhinderman2479

    6 ай бұрын

    Two of the best "Mad Tax Scientists"

  • @DrDre.

    @DrDre.

    6 ай бұрын

    How can I join Karlton Firm as a client. I didn't see a link for him in the description

  • @ProofOfWorkFitness
    @ProofOfWorkFitness4 ай бұрын

    Thank you for including a dollar amount at which to switch from an LLC to an s-corp. $40,000 to $50,000 of profit and knowing that it's going to cost a few thousand dollars was valuable information, thank you

  • @wango556
    @wango556Ай бұрын

    I simply stood up my S-Corp and hired ACP for $20 a month and they did everything for 10 years. Including W-2’s, quarterly taxes, paperwork with the state, etc

  • @dahliapurvey9498

    @dahliapurvey9498

    Ай бұрын

    Were did you hire a CPA for $20 per month I am in the state of New Jersey

  • @anxhelamusta5651

    @anxhelamusta5651

    12 күн бұрын

    What is an ACP ?

  • @SpaPartyCentral
    @SpaPartyCentral Жыл бұрын

    Novo Bank, Relay and QuickBooks all have "profit first" systems to allow you to set percentages for the income to be divided up upon deposit. It's really a game changer.

  • @hotfeva9843

    @hotfeva9843

    5 ай бұрын

    Which would you recommend overall?

  • @eiba6528

    @eiba6528

    4 ай бұрын

    How this work?

  • @T20timez

    @T20timez

    Ай бұрын

    How does quickbooks work?

  • @TawnishTV
    @TawnishTV8 ай бұрын

    I’m a w-2 wage earner and ran everything out of one bank account until I learned to do business differently. I didn’t learn this in college. It should have been introduced in high school. Now I can share with others as far as what info to look in to. I don’t want other business owners to be ill-informed as I was.

  • @christopheroberry2500

    @christopheroberry2500

    2 ай бұрын

    This was very informative. Keep up the good work and it's great advertising for the both of you ! I will definitely get deep into me bookkeeping and be in touch !!!

  • @oneidaqxlh
    @oneidaqxlhАй бұрын

    What do you think sets AMS120X apart from other projects? It seems to be dominating discussions lately

  • @disbjman

    @disbjman

    Ай бұрын

    No it doesnt

  • @LisaSpeaksTruth
    @LisaSpeaksTruth5 ай бұрын

    I have been needing this information for three years!! Thank you gentlemen!

  • @lyleanderson9615
    @lyleanderson9615 Жыл бұрын

    I have watched both of you individually a great deal and I was so surprised to see you come together. I loved it!

  • @baldwinjyotsna
    @baldwinjyotsnaАй бұрын

    Just watched your video discussing AMS120X and I am very excited about this

  • @jStanf0rd
    @jStanf0rd Жыл бұрын

    Awesome information shared here and greatly appreciate you both teaming up. Hope you two do many more in the very near future!

  • @j.jessup8023
    @j.jessup80236 ай бұрын

    Statement of Information in California is super easy to complete online. It costs $25. Do it yourself annually.

  • @LGDavis-xn6ni
    @LGDavis-xn6niАй бұрын

    All I can say is that I was supercharged, watching this chapter of your show! You all should do a series of them. Thank you in advance.

  • @iankingston196
    @iankingston196 Жыл бұрын

    Thank you for simplifying LLC and scorp and how to 0ay yourself. Thank you Mark and Carlton. You really simplified how it works!

  • @HealthFlexor2728
    @HealthFlexor2728 Жыл бұрын

    Great content!! These two are a force to be reckoned with! Karlton just shines every time he opens his mouth, and Mark dishes out gold on the legal side! Thanks to you both! Waiting for more from you two!

  • @iramcc409
    @iramcc409 Жыл бұрын

    This was a great video! You guys did an excellent job. I hope to see you two collaborate more often. Thanks!

  • @GaryB33
    @GaryB336 ай бұрын

    Great info, you guys are a great tag team. I'm a first year LLC businesses owner and needing to hear this. Thank you

  • @gloriamitchell3518
    @gloriamitchell35189 ай бұрын

    The dynamic duo, very powerful. Do more of these diverse collaborations. Brilliant.

  • @rb1614
    @rb16147 ай бұрын

    Love the tag team! Thank you for clarity and consistency

  • @jameswiggs9655
    @jameswiggs965511 ай бұрын

    Two of my favorite financial tax advisors together...More of this please! Much appreciation to both of your efforts in helping people make better decisions. 🙏

  • @tammybooth5279
    @tammybooth52795 ай бұрын

    You guys are absolutely wonderful! Thank You so much for the taking the time to patiently teach everyone how taxes work. Slowly becoming less complicated topic for me. ❤

  • @teralecole316
    @teralecole316 Жыл бұрын

    Ooh yes! My 2 favs YT’s. The combo I very much needed.

  • @jbontregor6717
    @jbontregor67177 ай бұрын

    This was a very enlightening interview. I’m really happy you guys could get together. You should do this more often. Thank you.

  • @ZillaFullBoost
    @ZillaFullBoost Жыл бұрын

    Dynamic duo. Both of you have helped me save money with my youtube channel the last two years. Thanks!

  • @Jay-es3vm
    @Jay-es3vm Жыл бұрын

    I have watched you both separately. It was great seeing you together! Great info and advice.

  • @scottmeyer8255
    @scottmeyer825511 ай бұрын

    Loved this. I started following both of you as I started looking into buying a business, and I have learned so much from both of you. You two make a great team and flow very well together.

  • @TruSkoob
    @TruSkoob Жыл бұрын

    Loved it. My two favorite tax experts. So glad you guys joined forces like Voltron. Keep dropping knowledge bombs!

  • @psdavis70
    @psdavis70 Жыл бұрын

    YOO I listen to both of these guys. Bless

  • @mikeschwendeman4403
    @mikeschwendeman44036 ай бұрын

    Your explanation of this subject is super easy to understand. Thank you fellas🤙😎

  • @ILM2219
    @ILM22197 ай бұрын

    Thank you for this information. I have been requesting this information for one year going into my second year---without answers. Thank you Karlton and Mark --- I feel Empowered! Thanks.

  • @DrClarenceBrownIII
    @DrClarenceBrownIII5 ай бұрын

    You both are absolute GEMS! Thank you so much for sharing this priceless information!

  • @GodsChildrenOnEarth
    @GodsChildrenOnEarth3 ай бұрын

    Wow! Thanks for explaining LLCs and S corp. I’ve read about LLCs and never understood S-corp. This was so informative and helpful!! So grateful that there are knowledgeable people helping others with their business! I’m so Grateful!

  • @user-er3xf5pu6g
    @user-er3xf5pu6g Жыл бұрын

    MOST DEFINITELY do this many times again in the future! (Both Mark and Karlton) FANTASTIC information, gives me a road map for the future :)

  • @mrmedic2012
    @mrmedic20124 ай бұрын

    This was absolutely AWESOME! I'm in the planning stages of my first business and this information was invaluable! Thank you both! Subscribed!

  • @NextLevelKatyTx
    @NextLevelKatyTx2 ай бұрын

    I love this. Please continue this collaboration. This page has helped me as a business banker to understand and give my business owners things to talk to their CPA'S about

  • @deezel365
    @deezel365Ай бұрын

    Gentlemen, this is very very informative; thank you so much for sharing all these important information. Please do more of these. Thank you again, so much.

  • @Sofia..x
    @Sofia..x6 ай бұрын

    what a great collaboration! wisdom and experience from Mark & new insights & flare from Karlton -- i agree, mindset is key!

  • @user-hj6wo9tx9b
    @user-hj6wo9tx9b5 ай бұрын

    I’m thinking of start my LLC this year(2024) and this is soo help full!! Thank you guys!!

  • @blakealewelt9768
    @blakealewelt97684 ай бұрын

    Y’all are amazing, please make more videos! Have already learned so much!

  • @Armenhanmer
    @Armenhanmer Жыл бұрын

    My two favorite youtubers. I can't beliueve you guys did a collab!!!

  • @julietravis6451
    @julietravis64518 ай бұрын

    This is so good. I love listening to both of you. I’m going to do quarterly payroll. Advised by Mark’s firm. It made the most sense for my situation. Before speaking to the attorney, I was thinking backwards.

  • @Coast_to_Coast
    @Coast_to_Coast Жыл бұрын

    Love this. You guys are both rockstars!

  • @ricardojames1670
    @ricardojames1670 Жыл бұрын

    My 2 favorite tax people! So much game giving.🐐🐐

  • @sealspable
    @sealspableАй бұрын

    I thought of Carlton when I listened to Mark for the first time, and here they are. I couldn't have asked for better collaboration.

  • @SeeItHere
    @SeeItHere Жыл бұрын

    Perfect combo!

  • @loonietoon98
    @loonietoon98Ай бұрын

    Hey you just Got a new subscriber, been following K.D. for some time now and have learned much from him and continue to learn. Seen some of your short but never followed but um here now. Looking forward to learning more with both of you. Really appreciate the knowledge 👊🏾

  • @Divine1Right
    @Divine1Right11 ай бұрын

    Subscribed. Thanks for keeping it real Mark.

  • @janiscustomizedbusinesssol2649
    @janiscustomizedbusinesssol2649Ай бұрын

    Great collaboration! We’d definitely love to see more!

  • @ICSolutionsCO
    @ICSolutionsCO2 ай бұрын

    Totally love when people are honest. Yes people, it is cost money to keep money.

  • @alexissuazo3122
    @alexissuazo31228 ай бұрын

    Thanks for sharing this information. It very informative and helpful for a small company owner.

  • @kendrake-nz7vf
    @kendrake-nz7vf4 ай бұрын

    Both you guys give great commentary and advice. Would love to see you both on future videos.

  • @timotaneous3300
    @timotaneous33005 ай бұрын

    Sweet analogies throughout the whole hour. Enjoyed the tag team very much.

  • @wholesomenesstv
    @wholesomenesstv Жыл бұрын

    I advise my clients on this same thing when it comes to Bookkeeping. Take the time to understand the nitty gritty before handing it over to someone else. If there is a material misstatement or overcharge, the bookkeeper might miss it, but if you understand your business numbers, you will catch it.

  • @wholesomenesstv
    @wholesomenesstv Жыл бұрын

    Omg!! My two favorite people ❤

  • @chriss2352
    @chriss2352 Жыл бұрын

    Two of my favorite tax KZreadrs. Love it

  • @lseh4720
    @lseh47203 ай бұрын

    So many people think that just having a family trust provides liability protection, so I’m one step ahead of them. Thanks for a great content to both of you.

  • @lindas.6082
    @lindas.60823 ай бұрын

    What an amazing collaboration! I enjoyed this and wish I would have known sooner about you two! The breakdown of all this is simple and easy to understand!

  • @SheltonTammy
    @SheltonTammyАй бұрын

    Absolutely loving it! Great info.

  • @robertperez6801
    @robertperez68014 ай бұрын

    You guys are the best, I love digging into the nuggets you dole out, keep up the great work!

  • @reonwatching
    @reonwatching8 ай бұрын

    Great job guys, very informative and a good easy-to-understand format. You make a good team, 2X synergy for the viewer/client.

  • @bizsetup8275
    @bizsetup82759 ай бұрын

    It's a great idea to hear different takes from two different backgrounds. Great session!

  • @keithhowes5692
    @keithhowes56927 ай бұрын

    Loving this! Have a consultation next week with Karltons team and I can’t wait.

  • @alyssiak.
    @alyssiak.5 ай бұрын

    This was super super helpful!! Great questions and such helpful suggestions.

  • @ICP-Crusader
    @ICP-CrusaderАй бұрын

    Outstanding! Keep up the tag team 👊

  • @EBMB21
    @EBMB216 ай бұрын

    Loving Carlton! He’s amazing and very inspiring. Thanks to both!! Happy 2024!🎉🎉🎉🎉

  • @Mymeours
    @Mymeours Жыл бұрын

    Please do more of these! Thank you ☀️☀️

  • @Peaceandprofit2024
    @Peaceandprofit2024Ай бұрын

    Awesome information, you two bring great value together!

  • @changclifton786
    @changclifton7862 ай бұрын

    Great team! i am starting out, and this info is golden! Thank you both!

  • @Ezmoneyash
    @Ezmoneyash23 күн бұрын

    All very knowledgeable individuals. Keep this going!!!😊

  • @tiadowe
    @tiadowe2 ай бұрын

    I have been learning from Karlton and I really like you guys together!

  • @Vic_RE_Investor
    @Vic_RE_Investor Жыл бұрын

    This was great! Had to watch it twice. 👏👍

  • @diane8784
    @diane87844 ай бұрын

    Still loving this Tag team Mark & Karlton👍👍👍.... I had finish watching your video day #2. It's all good!

  • @dawnturner5206
    @dawnturner5206Ай бұрын

    I'm brand new to the idea of an LLC, thanks for making most of this quite easy to understand.

  • @psdavis70
    @psdavis70 Жыл бұрын

    More collaborations please and thank you!!!!

  • @living2ezze917
    @living2ezze917 Жыл бұрын

    Loving it! More is good. Tag team it baby!

  • @ga-prowashllc12.5
    @ga-prowashllc12.5 Жыл бұрын

    I agree, We are a woman own professional exterior cleaning company. I have set up 5 different Frank counts in one of them. Back accounts is for my taxes. Every draw that we get from our customers. We take off the top and put it into a bank account. And the other 4 bank accounts are for future maintenance and. The majority of the fun is for the business. And I got this idea from the book profit. First great book, thank you guys for sharing. Just found yells channel in looking further to subscribing.❤❤❤❤❤

  • @shellielindley1183
    @shellielindley11838 ай бұрын

    MY TO FAV GURU'S ON STAGE TOGETHER! AWESOME

  • @loucinci3922
    @loucinci39225 ай бұрын

    WOW! Great info. super dialog. Very informative. Thanks for sharing

  • @nyreemagdamit4987
    @nyreemagdamit49878 ай бұрын

    Thank you both great duo.

  • @apisaiyaranamua
    @apisaiyaranamuaАй бұрын

    This is good thank you looking forward to the next one ...

  • @valariethomas2334
    @valariethomas23345 ай бұрын

    Dynamic Duo! You guys are awesome!

  • @kyledecorrevont9102
    @kyledecorrevont9102Ай бұрын

    A must read is Profit First to learn how to allocate revenue within your business.

  • @shivanandkalipersadsingh9014
    @shivanandkalipersadsingh901411 ай бұрын

    Love it. This is exactly what I advise my clients. I would like to get more involved with Advisory and expand avenues for different income streams.

  • @ELIMindfulInvestor
    @ELIMindfulInvestor Жыл бұрын

    Thank you two.

  • @user-ui1zz6fi6f
    @user-ui1zz6fi6f5 ай бұрын

    Thank you so much for all the incredible information!

  • @user-xu8li2kd5d
    @user-xu8li2kd5d7 ай бұрын

    This is fire. Life altering for us who are pursuing freedom.

  • @styleislife9135
    @styleislife91354 ай бұрын

    You guys NEED to do this more often!!! YES🔥🔥🔥✅️✅️

  • @maisis.2139
    @maisis.2139 Жыл бұрын

    Thank you for sharing the info.

  • @jjones503
    @jjones5035 ай бұрын

    This was a great video. Some real gold nuggets here.

  • @thinji81
    @thinji812 ай бұрын

    love it love it love it! Just subscribed to both of you guys and looking forward to more informative content

  • @roddenman
    @roddenman4 ай бұрын

    Img you guys explaining everything so deep so me as a non native can understand the thing completely and I regret I didn’t start that entrepreneur journey 3 years ago when I just got into the States. Thanks. Subscribed on both of you

  • @edwardfernandez9996
    @edwardfernandez99966 ай бұрын

    Yes I would love to hear more of yours I just bumped into it today I am working on getting my small business lawn mower repair up, would love to comment more on it once it's up and running and get your feedback

  • @cavonteanderson5183
    @cavonteanderson51834 ай бұрын

    Awesome video, you guys. Please keep them coming. 🙏 ✌🏾

  • @CdotForbes13
    @CdotForbes13 Жыл бұрын

    Please do this more often. I am learning so much. I prefer to pay the government the least amount I am allow.

  • @anthonycrawford6791
    @anthonycrawford67915 ай бұрын

    Truthfully I use to listen to you gentlemen separately and thought you guys should Definitely team up. I appreciate you both and all the useful information. Very useful.... Lets get some more of these videos please.

  • @BP-BABL
    @BP-BABL Жыл бұрын

    Love the collab.

  • @TheNurseArtist
    @TheNurseArtist11 ай бұрын

    I enjoyed this so much!!!

  • @DirectRemedy360
    @DirectRemedy3602 ай бұрын

    You two are amazing, thank you, thank you!!

  • @adaywithasinglemom
    @adaywithasinglemomАй бұрын

    You two are amazing,thank you

  • @Kellishelton
    @Kellishelton2 ай бұрын

    Yes WAY more :) I am trying to learn and love listening to the tidbits to make sure I keep out of trouble but within making the money :)

  • @aghugg5921
    @aghugg59213 ай бұрын

    Great work guys on such a wonderful topic 😊

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