I wonder does (or should) a partner leverage some or all of the salary to sustain himself during the year, and accept the rest of the balance of the profit as a bonus?
I want to make sure I get this right. Are you saying that the drawings are different than the salary? or is the drawings part of the salary? Because this is end of year calculation, I don't get the cash flow.
Thank you so so much. 2 years later and this helped me wow. I'm stunned
I wonder does (or should) a partner leverage some or all of the salary to sustain himself during the year, and accept the rest of the balance of the profit as a bonus?
how do you calculate capital gains, and its interest? My apology for not knowing if gains and interest is the same for your example is different.
I want to make sure I get this right. Are you saying that the drawings are different than the salary? or is the drawings part of the salary? Because this is end of year calculation, I don't get the cash flow.
very Good Explanation, Thank you
Brilliant thank you!
Thank you so much
Thank you maam!!!