Summary of Greg Crabtree's Simple Numbers, Straight Talk, Big Profits! / IRB Media (ePub)
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> The owner's salary is a key building block for your business. It is important to understand that you are paid a salary for what you do, and you get a...
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> The owner's salary is a key building block for your business. It is important to understand that you are paid a salary for what you do, and you get a return on what you own. As long as you don't pay yourself a market-based wage, your financial data is worthless.
#2 If your company is an S corporation, it's a bad plan to pay low wages to avoid payroll taxes. The IRS will look for this when they audit your tax return.
#3 The owner's salary is a key building block for your business. You must determine your market-based wage before you plug it into your financials.
#4 You must pay yourself a market-based wage in order to have accurate financials. And as long as you don't pay yourself a market-based wage, your financial data is worthless.
- Autor: IRB Media
- 2022, 55 Seiten, Englisch
- Verlag: IRB
- ISBN-10: 8350039248
- ISBN-13: 9798350039245
- Erscheinungsdatum: 07.10.2022
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
- Dateiformat: ePub
- Größe: 1.21 MB
- Mit Kopierschutz
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