What I am wondering is if the net operating pretax income is subject to both tax on the corporation then what is distributed as salary out of the net operating income is then taxed again. Let's say that the net operating income is 50,000 dollars before any income taxes. In turn let's say that out of that 50,000 dollars 25,000 dollars is paid as salary. Is the 25,000 dollars taxed more than once such as once with the corporation then again as paid salary?
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Today's Featured Article - Search For Spares - by Anthony West (UK). Following on from the aquisition of the old Fordson F, I was very much in need of spares. As a novice though I didn't appreciate the fact that there were so many Fordson tractors made, that all the other makes seem rare by comparison. As far as I was aware a fordson was a fordson and it was only through trial an
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