Beware of These 5 Factors When Setting up Employee Benefit Plans for Bosses

employee benefit plans for bosses

If you’re responsible for the setup and administration of your company’s employee benefit plan, you may want to pay close attention to how you set up your boss on the plan.  This specifically applies to business owners or shareholders of the business.  Most don’t realize this, but group benefit plans work really well for employees, but the same doesn’t necessarily … Read More

Strongly Consider These 7 Points When Deciding to Take a Salary or Dividend

Many business owners struggle with whether to take a salary or dividend from their business.  If you look at it strictly from a mathematical standpoint, the difference is like splitting hairs.  The government has made that decision pretty easy from a monetary standpoint.  In the hands of the business owner, the two are virtually the same.  The advantages were obvious … Read More