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Reply #70: I wouldn't worry about those people with the $500k salary. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

ContinentalOp

(1000+ posts) Send PM | Profile | Ignore

Mon May-18-09 11:32 PM
Response to Reply #67

70. I wouldn't worry about those people with the $500k salary.

They would simply fire themselves, incorporate, and have the company hire them as a contractor, checks payable to their personal corporation. Then they could pay themselves and all of their family members a salary from the corporation and keep any extra in the corporate bank account, or use it to buy "corporate" assets like a fancy company car, "corporate" jet, etc.

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