As the owner of an incorporated small business, you have a lot of decisions to make. One of the more important decisions is compensations – whether to pay yourself with dividends or with a salary. This article walks you through the benefits of each.
Salary or dividends: Which is better for business owners? | Advisor
No discussion about an incorporated business owner’s compensation can start without introducing the theory of integration. The idea behind that theory is simple: regardless of whether you earn income personally (salary) or through a combination of corporately and personally (dividend) taxed income, the net income after all tax is paid should be the same.
