Lean Wednesday Tip: Tax considerations for C Corporation Dividend Payouts

“Avoid double taxation of a C Corporation’s dividend payout by structuring payments to shareholders as consulting fees. Shareholders must actually offer advice for the payments to be considered valid tax deductible transactions.”

Published by Notable Office

I am at the best when I use data and my expertise in process improvement to help individuals and small to large businesses reduce process costs, solve process/business problems, and improve efficiency, productivity and customer satisfaction.

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