IRB Media

Summary of Greg Crabtree's Simple Numbers, Straight Talk, Big Profits! (eBook, ePUB)

• Format: ePub

Produktbeschreibung

Please note: This is a companion version & not the original book.

Book Preview:

> 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.

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Produktdetails

• Verlag: IRB
• Seitenzahl: 55
• Erscheinungstermin: 7. Oktober 2022
• Englisch
• ISBN-13: 9798350039245
• Artikelnr.: 66019472