Posts Tagged: business finances

How to recession-proof your business finances in 2023?

How to recession-proof your business finances in 2023? Small business owners are struggling to make sense of the current economic state in 2023, with reports on a looming recession floating around. Therefore, it is advisable to be ready to weather the upcoming storm. Just as evolution in animals dictates that only the fittest survive, in

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What Are The Tax Efficient Ways to Withdraw Money from Your Business?

What Are The Tax Efficient Ways to Withdraw Money from Your Business? As a business owner, you may have surplus cash accumulating in your corporation. Simply withdrawing cash from your business will likely result in a significant tax bill. So the question then becomes: how do you take money out of your business in a

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Disclaimer: This information does not replace the advice of a tax professional.

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