Quote:
Originally Posted by Ron Bennett
Incorporation / forming a LLC to keep much of the revenue within the corporation / leverage ... then as for income - one can often take some as a "distribution" instead of straight income. Services of a reputable CPA tax accountant can make a huge difference in reducing one's business tax liability.
.
|
I'm in Canada, but we've found all kinds of ways to reduce our tax liability. Like paying shareholders dividends, rather than everything as a salary.
