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Joined 3 years ago
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Cake day: January 13th, 2024

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  • To be honest, if you’re able to make a million a year (even hundreds of thousands a year), you can afford an accountant who will tell you not to take compensation as employment income.

    If you’re a business owner you’ll be taking a significant share as dividends, or if you’re an executive you’ll be taking stock options or other share based compensation. If done correctly, you can not only take advantage of lower tax rates but also defer taxes to future years.