Ask Allan Forum
Get expert answers to your tax questions straight from Allan, our owner and experienced CPA. It’s free, direct, and designed to help you make the best decisions when it comes to your taxes.
Notifications
Clear all
Ask Allan Forum
2
Posts
2
Users
0
Reactions
1
Views
Mar 26, 2020 9:03 pm
Hi,
My husband recently need to incorporate his IT consulting business.
How do I withdraw money from the business account to pay for our family expenses?
1 Reply
Mar 30, 2020 4:25 pm
There are two options available: Pay a dividend OR pay a salary from your corporation to you. Either option is acceptable, and you can combine them too.
