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Banking

How to Pay Yourself When You’re a Freelancer

Whether you’re first starting out as a freelancer or you’re a self-employed freelancer who’s already making money, it’s vital to understand how to go about paying yourself. After all, being self-employed means you’re responsible for your own salary. How can you take money out of your business so you can pay your personal bills? While […]

Filed Under: Banking, Freelancers, LLC, Sole Proprietorship, Taxation, Taxes Tagged With: freelancer, S corp, salary

A Comprehensive Guide to Banking for New Business Owners

When you launch your own business, one of the first things that you should do is establish its own business bank account. If you form an LLC, you should make a separate bank account in the LLC’s name. In fact, establishing its own business bank account is a necessity, as the LLC is its own […]

Filed Under: Banking, Freelancers Tagged With: bank accounts, banking, freelancer

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Hyke Inc. is not a law or financial firm. We do not provide legal or financial services or advice. We provide self-help tools for your convenience.