3 ms·

If the money is in your company then it's in one of your accounts somewhere.

• gruez 5y ago
  What are you going to tell the IRS when they ask you about the offshore wire transfers coming in? It's a "consulting fee"? You're going to be paying taxes on that at your marginal rate.
  • klyrs 5y ago
    Sure, but if you pay yourself a very nice income and realize very many nice incomes in capital gains, then you're still coming out way ahead.
    • gruez 5y ago
      You do realize that capital gains are taxed at a lower rate than regular income? Doing this only makes you pay more taxes.
      • klyrs 5y ago
        Of course I do. But if you're making several times your expenditures in capital gains, then this is still favorable.