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bausch · 04-13-2008, 11:34 PM

I am aware that you get some tax advantages this way and that you are able to pay yourself a salary etc but won't it be a disadvantage if you pay yourself out a lower salary in case you want to apply for a high credit line etc?

Supposedly it's better to pay yourself out a lower salary so you save more on taxes but what if you want to make a major purchase/ get a high credit line?

04-13-2008, 11:34 PM
bausch Confirmed User Join Date: Jul 2006 Posts: 3,017	Question about s-corp I am aware that you get some tax advantages this way and that you are able to pay yourself a salary etc but won't it be a disadvantage if you pay yourself out a lower salary in case you want to apply for a high credit line etc? Supposedly it's better to pay yourself out a lower salary so you save more on taxes but what if you want to make a major purchase/ get a high credit line?