Corporate
Employee Profit Sharing Plans
The 2020 Law Group represents many profitable small and mid-size businesses that want to pay a portion of their profits to their key employees, officers and directors of their corporation. In addressing the needs of these clients, the 2020 Law Group has developed a strategy that allows these clients to pay out these profits and at the same time reduce overhead costs relating to Canada Pension Plan and Employment Insurance premiums, Workmen's Compensation Premiums, reduce taxes and income split between spouses and other related individuals.
If you are looking to pay the key individuals of your business based on the profitability of your business you should consider this strategy.
For further information on Employee Profit Sharing Plans, please call the 2020 Law Group at (403) 730-2020.
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