Tax Implications of Borrowing Money From Your Corporation
June 11 @ 12:30 pm - 1:30 pmFree
Are you an incorporated business owner overwhelmed with the complexities of shareholder loans? Our upcoming webinar is designed to unravel the often-overlooked tax implications of borrowing money from your corporation. Hosted by our Managing Partner – Andrew Wall, this webinar is a treasure trove for small business owners who are looking to balance their corporate and personal taxes effectively.
- Understanding the Shareholder Loan Account: Grasp the essentials of how and when you can borrow from your corporation.
- Repayment Rules: Learn the rules of repaying shareholder loans without falling into common traps.
- Taxable Benefit Insights: Understand circumstances where a loan becomes a taxable benefit.
- Exceptions: Discover the exceptions where the loan is not considered as a taxable benefit.
- Documentation and Interest Rates: Get a grip on the documentation process and interest rates to maintain compliance.
Who Should Attend?
This webinar is tailor-made for incorporated business owners, financial advisors, and professionals navigating the world of corporate taxes. Reserve your spot today and take a step towards organizing your finances, creating wealth, and transforming wealth into a legacy. Limited slots available.