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Foreign for Profit Corporation Application I  Form

Foreign for Profit Corporation Application I Form

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Instructions and help about Foreign For Profit Corporation Application I

hi i'm joe from avalon accounting today i'd like to talk to you about one of the biggest questions we get from small business owners and that's what's the best way to pay myself for my corporation [Music] to start and this is one of the biggest pieces of information you're gonna get from this video is that there's only two ways to pay yourself from your corporation and that's salary or dividends no matter what you hear about innovative fancy workarounds on the internet there are only two ways to pay yourself from your corporation okay first up should you pay yourself a salary if you've ever had a job a salary is going to be pretty familiar to you what we want to cover today is what it means for you as a business owner and how it might be beneficial for you all right so the number one benefit of paying yourself a salary is you get steady predictable income throughout the year there are other benefits as well so number one o

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