The WealthAbility Show with Tom Wheelwright, CPA cover image

The Right Way To Take Money From Your Business

The WealthAbility Show with Tom Wheelwright, CPA

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The Worst Way to Get Money Out of Your Business Is to Commingle Assets

The worst way to get money out of your business is to pay personal expenses from your ness account. The primary reason to have a corporation isn't for taxes, It's so that o if the business is sued, all they can get is the business. Your business is going to be your riskiest asset. That's the one that's going to potentially generate the most lawsuits.

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