{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Tax Chick Podcast","title":"Money Moves: How to Pay Yourself as a Business Owner","html":"","width":"100%","height":180,"duration":2123,"description":"In this episode, I am joined by Financial Planner, Aravind, for a deep dive into one of the most common (and misunderstood) questions for incorporated business owners: Should I pay myself a salary or a dividend?\n\nWe unpack the myths, explore the tax mechanics, and walk through real-life planning considerations that go far beyond the coffee shop advice of “dividends are better.”  Spoiler alert: the answer is almost always “it depends\"!  \nOur conversation included:\nThe concept of tax integration and why it matters\nWhy CPP is not the villain it is sometimes made out to be\nHow your business lifecycle affects compensation strategy\nWhat notional accounts are and why you should care\nThe impact of salary on disability insurance, mortgage applications, and more\nWhy dividends can be a powerful tool especially when cleaning up corporate tax accounts\nThe importance of annual planning with your accountant and financial planner\nCONNECT WITH MY GUEST:\nTwitter: @aravindsitham\nLinkedin: Aravind Sithamparapillai - https://www.linkedin.com/in/sithamparapillai/\nInstagram: @Aravind_sithamparapillai\nHERE ARE SOME OTHER WAYS TO CONNECT WITH ME:\nMy website! \nEmail: thetaxchickpodcast@gmail.com\n@tax.chick (IG) \nLinkedIn\nBe a \"Tax Chick VIP\"","thumbnail_url":"https://img.transistorcdn.com/e62XiF628keWGgjgcQcQhWaZ6ramMdYjf2ri5uXHeTg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEyNzIyLzE1OTU2/ODg5NzQtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}