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Accumulating Wealth

Season 3 Ep. 1: Setting Your Own Salary: The Method to the Madness

07 Jan 2020

Description

When you are a business owner, how do you determine how much to pay yourself? Hosts Judson and Hunter clue listeners in on why the how you pay yourself is just as important as the how much. They start at the top with four questions to ask yourself to determine the right amount and move into the breakdown of the tax implications of W-2 wages versus distributions. They address the 4 big questions to ask yourself when and how to pay yourself, how to avoid excess payroll taxes and more.

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