How to Pay Yourself from Your LLC (Without Screwing It Up)

How to Pay Yourself from Your LLC (Without Screwing It Up)

Can you just transfer money from your LLC to your personal account? Do you need payroll? What about taxes? In this episode of Doing Business As, Oregon and Idaho business attorney Jared Hight breaks down how LLC owners actually pay themselves—whether you’re a sole member, in a partnership, or taxed as an S-Corp. Learn the difference between draws, guaranteed payments, and distributions, and avoid the IRS and liability traps that catch new business owners off guard. Visit tracktownlaw.com [https://www.tracktownlaw.com/doing-business-as-blog] for the companion blog post or to schedule a consult.

Why Your LLC Needs a Business Bank Account—Now

Still using your personal bank account for your business? That shortcut could cost you your liability protection. In this episode of Doing Business As, Oregon and Idaho business attorney Jared Hight breaks down why every LLC needs a dedicated business account, how to set one up, and how sloppy banking habits can pierce the corporate veil. Whether you're just starting out or cleaning up old habits, this episode lays out exactly what to do—and what to avoid. Check out the companion blog post at tracktownlaw.com [https://www.tracktownlaw.com/doing-business-as-blog] for more details.

Structuring a Multi-Member LLC—Without Ruining the Relationship

Starting a business with friends or family? A multi-member LLC can be a great way to build something together—but only if you structure it right. In this episode of Doing Business As, Oregon and Idaho business attorney Jared Hight breaks down how to avoid conflict, resentment, and costly mistakes by setting clear roles, ownership terms, voting rights, and exit strategies. Real examples, plain English, and no fluff—just practical steps to keep your LLC strong (and your relationships intact). Visit tracktownlaw.com [https://www.tracktownlaw.com/doing-business-as-blog] for the companion blog post or to schedule a consultation.

What’s a Buy-Sell Agreement—and Why Your Business Needs One

What happens if your business partner wants out? Or gets divorced? Or passes away? If you don’t have a buy-sell agreement in place, you may be heading straight for conflict, court, or collapse. In this episode of Doing Business As, Oregon and Idaho business attorney Jared Hight explains what a buy-sell agreement really does, what events it should cover, and why every multi-owner business needs one. From valuation methods to funding strategies, this episode gives you the clarity to protect your business before things go sideways. Visit tracktownlaw.com [https://www.tracktownlaw.com/doing-business-as-blog] to read the full blog post or schedule a consult.

LLC or S-Corp? The Answer Could Save You Thousands

Choosing between an LLC and an S-Corp isn’t just about paperwork—it’s about taxes, flexibility, and long-term strategy. In this episode of Doing Business As, Oregon and Idaho business attorney Jared Hight breaks down the real differences between the two, clears up common myths, and explains why so many small business owners get this choice wrong. If you're forming a company—or wondering whether you picked the right structure—this episode could save you serious money and future headaches. Learn more at tracktownlaw.com [https://www.tracktownlaw.com/doing-business-as-blog] and book a consult to get your business on solid legal ground.