Determine your LLC tax classification
Use owner’s draws if your LLC is taxed as a sole proprietorship or partnership
Set up payroll if your LLC is taxed as an S corporation or C corporation
Keep business and personal finances separate
Transfer money from the business account to your personal account
Record each payment in your accounting records
Pay yourself a reasonable salary if required by your tax status
Take distributions only according to your operating agreement and tax rules
Withhold and remit payroll taxes if you are on payroll
Consult a tax professional to confirm the correct method for your LLC