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  • Mar 11th, 2012 7:28 pm
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Deal Addict
Jun 20, 2009
1049 posts
46 upvotes

Income?

Lets say I have a full time job and a small business that's separate on the side. Can I transfer money from my full time job to y business to take advantage of lower taxes?
3 replies
Banned
User avatar
Feb 15, 2008
26318 posts
3242 upvotes
Calgary
Depends on how you have the 'small business' structured, and whether or not your 'full-time' employer would be willing to pay your small business for your services, instead of paying you personally.
TodayHello wrote: ...The Banks are smarter than you - they have floors full of people whose job it is to read Mark77 posts...
Deal Addict
Oct 4, 2009
3590 posts
2953 upvotes
Montreal
Let's say I have an idiotic thought that pops into my head. Can I start a new thread with a non descript title to share my brilliant new way to get one over on the world?

I have lots of these thoughts.
Deal Fanatic
User avatar
Jan 27, 2007
5116 posts
984 upvotes
T.
No this is not possible.

The two types of income are combined and taxed at your marginal rate.
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