Comment Comment by brianwawok So the average programmer US wise makes something like 90k I believe (haven't checked in a few years).You are saying if you ran a 1 man SAAS app and made 200k in a year, you would w2 yourself for 30k and take a 170k dividend?I am not sure my accountant would like this plan. Taking say that 90k or 100k might be plausible, but 30% of the average wage?(And at the 90k point.. FICA goes away past 110k anyway, so the savings is fairly minimal) parent brianwawok 9 years ago
You are saying if you ran a 1 man SAAS app and made 200k in a year, you would w2 yourself for 30k and take a 170k dividend?
I am not sure my accountant would like this plan. Taking say that 90k or 100k might be plausible, but 30% of the average wage?
(And at the 90k point.. FICA goes away past 110k anyway, so the savings is fairly minimal)