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Thrive Now! Income Shifting Strategies for Growing Businesses
This session will detail several ways to shift income in your business to achieve higher, ethical profits. You will learn about:
• Keeping wages reasonable and creating a wage plan that considers Social Security and Medicare
• Utilizing education savings plans
• Paying family members in your business
• Distributions and differences from wages
• Royalty and license fee agreements
• Rent income, defining business use of home, and home office leases

Alicia Shaul, CPA MBA serves as the president of Shaul & Associates PLC and has worked in local certified public accounting firms for several years before opening her own practice in 2004. Over the years, her firm has grown to a team of six amazing full-time staff and two part-time staff members. Alicia is a graduate of Drake University receiving a Bachelor of Arts in political science, a graduate of Simpson College receiving a Post Graduate Certificate in Accounting, and a graduate of Kaplan University receiving a Master of Business Administration degree. Alicia has over twenty years of experience working in the public accounting sector with an emphasis in tax preparation and working with closely held businesses. More at https://www.shaulassociates.com/

Apr 20, 2021 12:00 PM in Central Time (US and Canada)

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