Hey all, curious about something I can't seem to find a straight answer on... Maybe it doesn't exist.
Anyhow, what's the magic ratio for a small business owner, whose looking to minimize taxes paid by using a combined salary and in-eligable dividend payments throughout the year.
Does it simply relate to the tax brackets, is their an advantageous price point?
Income anywhere from $120k -$150k is around the position id ideally be in.
Anyhow any advice is appreciated. Thanks.
Tax man is haunting me again...
Anyhow, what's the magic ratio for a small business owner, whose looking to minimize taxes paid by using a combined salary and in-eligable dividend payments throughout the year.
Does it simply relate to the tax brackets, is their an advantageous price point?
Income anywhere from $120k -$150k is around the position id ideally be in.
Anyhow any advice is appreciated. Thanks.
Tax man is haunting me again...