ACCOUNTANT EXPLAINS How to Pay Yourself from a Corporation in Canada | Salary vs Dividends

Are you a six-figure Consultant, Coach, or Content Creator in Canada looking to save taxes, increase profits, and build wealth? ⚖️ Balance and Wealth CPA is a tax-specialized accounting firm providing customized tax advice. Get in touch: https://www.balanceandwealth.com/

00:00 Intro
00:21 Salary Pros
03:06 Salary Cons
04:40 Dividend Pros
06:07 Dividend Cons
08:01 How to Decide the Best Option for You?

Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
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Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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