Hi! I'm new to the forum here! I've been a sole proprietor for about a year and a half and I'm now to the point where I'm able to start truly "paying myself" (above and beyond just pouring my earnings into new equipment, etc.). According to the IRS, as a sole proprietor I can draw whatever I need at whatever time may be appropriate. How do I record that though? In my records do I consider myself an employee and call this "wages" or "payroll" or what? Just call it a business expense and be done with it? I want to do everything properly...I'm a photographer and the only one being paid here, no partnerships, second shooters, etc. Can anyone help me?

Thanks!

p.s. I'm already aware of the self-employment tax and estimated payments...