4 ms·
the way around double taxation in a corp is paying yourself properly as an employee/director (which is tax deductible) and generally reinvest profits (with the
by clairity 9y ago
the way around double taxation in a corp is paying yourself properly as an employee/director (which is tax deductible) and generally reinvest profits (with the very occasional dividend or share issuance/buyback). founder's stock is massively tax advantaged if set up correctly.
but you're right, it's not well-suited for a small business owned by one person.