Financial planning for a small business is inherently tied to the owner. When you plan for the future of the company, you are planning for the individual as well. Trying to get the owner additional cash from his/her company is a common issue faced by many advisors. However, it is important to realize that the form of that cash movement may result in very different tax implications.
Using easy-to-understand examples and cases, this course will explore the common methods used to transfer cash from a small business to the owner him/herself. We will look at how the tax implications differ depending on entity type and the form of payment.
Field of Study: Finance
schedule2 hours on-demand video
signal_cellular_altBeginner level
task_altNo preparation required
calendar_todayPublished At Jan 13, 2023
workspace_premiumCertificate of completion
calendar_todayUpdated At Aug 8, 2024