How to Pay Yourself from Your Corporation: Salary Vs. Dividends

How to Pay Yourself from Your Corporation: Salary Vs. Dividends

If you own a business through a corporation, you have the ability to pay yourself a salary or dividends or a combination of both.  This article will look at the difference between the two methods and the main advantages and disadvantages of each. We will also see some common scenarios for when a business owner may choose one method over the other.