Dammit, I am NOT getting over that girl, and I don't see what is illegal about it. People always say that if you own your own business you can pay yourself whatever you want. So what's wrong with paying yourself 100 million dollars?
Dammit, I am NOT getting over that girl, and I don't see what is illegal about it. People always say that if you own your own business you can pay yourself whatever you want. So what's wrong with paying yourself 100 million dollars?
Probably because that money has to come from somewhere. When people say if you own a business, you can pay yourself whatever you want doesn't really mean WHATEVER you want. You take whatever amount of profit you have. If you have one million dollars in profit, you can take out $500,000 if you want, or the whole million.
This is funny that I would come accross something that might allow male992000 to get his wish, but I did last weekend. I think it would only work for U.S. citizens, unless there is a similar way-out process in other countries laws. If you guys here are interested, I could make a new topic about it. I am not completely sure if it is easy to do though. One website I read said it is implausible, but not impossible. I also read that if you do it right the Govt. can't touch you, but if you do it wrong they will come down on you really hard.
