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Re: shop owners, how do you pay yourself?
Posted to Shop Management Forum on 7/11/2002

HI Joe!!

We are Sub S corp. That allows us to draw a salery and dividends (on which there are no Payroll taxes, only SS). Set a reasonable amount of pay, one which you know you can make each week, and draw 1/2 in pay and 1/2 in dividends. You can always up i... Login to read more.