here is an idea I had last night while trying to fall asleep (Yes I dream about money). Many contractors find ways to mask their incomes to limit taxation. I won't name any names
You can take some of your personal funds and make a loan to your company with a high interest rate. It doesn't matter if your company needs the money or not. The interest may be tax deductable, and definetly counts against your company's bottom line. Mean while the money comes to you no matter what it just decides to drive a different street to get to your pocket
Run this idea past your accountants. Let me know what they think.
You can take some of your personal funds and make a loan to your company with a high interest rate. It doesn't matter if your company needs the money or not. The interest may be tax deductable, and definetly counts against your company's bottom line. Mean while the money comes to you no matter what it just decides to drive a different street to get to your pocket
Run this idea past your accountants. Let me know what they think.