5 Ways to Withdraw Cash from your Corporation While Avoiding Dividend Treatment

By |2022-03-21T15:32:05-05:00September 18th, 2019|Better Guidance|

Do you want to withdraw cash from your closely held corporation at a low tax cost? The easiest way is to distribute cash as a dividend. However, a dividend distribution isn’t tax-efficient, since it’s taxable to you to the extent of your corporation’s “earnings and profits.” But it’s not deductible by the corporation. Different approaches Fortunately, [...]