What Your CPA Wants You to Know

57. What Exactly Are Owner Distributions? Don't Make This Mistake When Accounting for Them!


Listen Later

Send us a text

Ever been bewildered by owner distributions and their role in your business and personal finances?  We explain why these distributions are not considered personal income, how they differ from business expenses, and the implications for your tax return.  Make sure not to make the most common mistake when accounting for owner distributions! This episode will help you understand this term, why it's important, and how to properly account for it!

Create a STAN Store - Click here to try it out!

Here's where you can find us! Follow along on Instagram for lots of free content for business owners daily!



Shop our business guides!

Our Instagram Page

Our family page

...more
View all episodesView all episodes
Download on the App Store

What Your CPA Wants You to KnowBy Carson Sands, CPA & Teran Sands, MBA.

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

56 ratings


More shows like What Your CPA Wants You to Know

View all
The Ramsey Show by Ramsey Network

The Ramsey Show

38,605 Listeners

Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,100 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

747 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,789 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

586 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

412 Listeners

The Goal Digger Podcast by Jenna Kutcher

The Goal Digger Podcast

12,051 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,011 Listeners

Talking Tax by Bloomberg Tax

Talking Tax

113 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,063 Listeners

Small Business Tax Savings Podcast by Mike Jesowshek, CPA

Small Business Tax Savings Podcast

245 Listeners

HERself by Abby and Amy

HERself

1,728 Listeners

Smart Money Happy Hour with Rachel Cruze and George Kamel by Ramsey Network

Smart Money Happy Hour with Rachel Cruze and George Kamel

3,055 Listeners

Unofficial QuickBooks Accountants Podcast by Alicia Katz Pollock, MAT

Unofficial QuickBooks Accountants Podcast

39 Listeners

BigDeal by Codie Sanchez

BigDeal

693 Listeners