Should you include your sweat equity in a business plan?
Berkonomics
OCTOBER 15, 2020
But when forecasting the ultimate viability of a business, many times an entrepreneurial founder uses a low, unsustainable salary rate for him or herself in order to show early breakeven. But the tax effect would be the same if audited – you would owe tax on the booked value even if not paid in cash. What is the solution?
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