How to Pay Your Shareholders
How to Pay Your Shareholders If you are an owner/shareholder, you may be wondering how to take out money from your company.  Perhaps the company has excess cash on hand or you are in need of funds for living expenses.  How you are compensated as a shareholder will impact what expenses the company can deduct, as well as the taxability of the payment to the shareholder.  With this in mind, it is important to consider the intent of the payment,