To elaborate on this, I got advice from a corporate lawyer once about how they do it to reduce taxes. Basically you put everything in the corp's ownership: your car, your mortgage etc and then you pay yourself some meager wage like $20k per year so you end up only paying corporate taxes.
To elaborate on this, I got advice from a corporate lawyer once about how they do it to reduce taxes. Basically you put everything in the corp's ownership: your car, your mortgage etc and then you pay yourself some meager wage like $20k per year so you end up only paying corporate taxes.
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