Tax-Efficient Shareholder Compensation – The Fundamentals
How do I pay myself out of my corporation? This question is asked by clients of accountants every year, particularly in January and February as annual filings and slips are prepared.
How do I pay myself out of my corporation? This question is asked by clients of accountants every year, particularly in January and February as annual filings and slips are prepared.
The short answer is: it depends! It’s all in the “details,” particularly if paying less tax is the ultimate objective – which is almost always the case.
Topics covered include:
• Corporate tax attributes relevant for compensation decisions
• Impact of tax rates and integration
• Planning considerations and fundamental strategies
• Comprehensive case study