Or, what is the best way to minimize taxes ?
Answer Yes but remember that if you are paying out a salary that does not get taxed as corporate income say you pay your income as salary then you pay tax at your personal rate say 28% and social security taxes or if you get it as a dividend the corp may pay say 30% and then you pay 15% of $70 I think you should figure it out both ways before you decide I am not sure wether brokerage comissions are subject to the personal services corporation rate or wether it makes you a personal holding company if either applies you want to pay yourself or pay a dividend so that all of the corporation”s earnings are distributed in 2004
