Cash Flow Management
The way in which you move money between yourself, your family, and your professional corporation is an important determinant of your financial success. How much money you require personally and corporately will dictate this flow. Wages, salaries, bonuses, dividends, shareholder loans, and benefits are the most common ways to take money out of a corporation. Lesser known methods are IPP (Individual Pension Plans), RCA (Retirement Compensation Arrangements), EPS (Employee Profit Sharing), and Health and Welfare Trusts.
We use our extensive knowledge of your financial situation to match your goals and objectives with the best possible methods for managing your cash flow to maximize your wealth while minimizing your tax liability.
Did You Know?
In order to deduct childcare expenses, the lower earning spouse must be taking a salary.