https://prairieschoonerwc.com/wp-content/uploads/2021/08/ESTATE-FREEZE.jpg 281 500 Prairie Schooner https://prairieschoonerwc.com/wp-content/uploads/2020/05/prairieSchoonerWebLogo-300x144.jpg Prairie Schooner2021-08-02 06:00:002021-08-02 13:24:31Estate Freeze
No business owner likes to think about handing over their business they've built from the ground up. But the fact of the matter is, you will have to do it eventually. Even more concerning, what if you were to become ill or incapacitated? Making a decision of this magnitude during trying times would not be ideal. For the business owner, an estate freeze can be an integral part of your estate planning strategy. The purpose of an estate freeze is to lock-in (freeze) the value of the business, freeing the successor from the tax liability that may arise should the business' value increase.
https://prairieschoonerwc.com/wp-content/uploads/2021/07/10_Essential_Decisions_for_Business_Owners@2x.png 640 1000 Prairie Schooner https://prairieschoonerwc.com/wp-content/uploads/2020/05/prairieSchoonerWebLogo-300x144.jpg Prairie Schooner2021-07-06 16:58:002021-07-07 00:09:1010 Essential Decisions for Business Owners
Business owners are busy… they’re busy running a successful business, wearing lots of hats and making a ton of decisions. We've put together a list of 10 essential decisions for every business owner to consider.
https://prairieschoonerwc.com/wp-content/uploads/2021/06/salaryVsDividendFI.jpg 810 1440 Prairie Schooner https://prairieschoonerwc.com/wp-content/uploads/2020/05/prairieSchoonerWebLogo-300x144.jpg Prairie Schooner2021-06-02 17:03:192021-06-03 00:18:12Salary vs Dividend
As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantages and disadvantages of each.