I am going to share with you how I structure my business and how I pay myself from my Amazon FBA and online business.
I am not an accountant and I am not a professional bookkeeper (though I do keep track of my own books and run my own Payroll). What I suggest and recommend in this video may or may not be suitable for you. It is best to talk to a financial advisor and a tax accountant in your local area to discuss your personal and business needs so they can advise you on how to properly pay yourself and structure your business. However, I will share with you exactly how I pay myself and why I do this so you can get an idea to get started! Those asking how I transfer USD to CAD, I have US based bank accounts and I transfer USD to CAD by using XE Exchange (google this).
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