by Brian Hare, CPA, CGMA | Mar 2, 2022 | Tax
Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as dividends. However, dividends distribution isn’t tax-efficient since it’s taxable to you to the extent of your corporation’s “earnings and...
by Brian Hare, CPA, CGMA | Nov 18, 2020 | Business
Owners of closely held corporations are often want to withdraw cash from their businesses at the lowest possible tax cost. The simplest way is to distribute cash as a dividend. However, a dividend distribution isn’t tax-efficient, since it’s taxable to you to the...
by Brian Hare, CPA, CGMA | Sep 18, 2019 | Business
Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as a dividend. However, a dividend distribution isn’t tax-efficient, since it’s taxable to you to the extent of your corporation’s “earnings and...
