Maximizing profits is one of the key components of achieving success for your business. One approach that many business owners consider is paying yourself little or nothing, in order to limit expenses. However, this can have significant financial consequences, both for you and your business.
SageVest Wealth Management offered a broad discussion of this perennial topic in our article entitled Taxable Pay For Business Owners. More recently, Jennifer Myers offered some select advice to Business.Com, in ‘How Should Entrepreneurs Pay Themselves?’