For those of you who operate as corporations, zero salaries for owners/executives is an audit red flag for S-Corporations. For C-Corporations salaries that vary annually in order to consume all of the corporate profits is a red flag as well.
This concerns me ,My gambling income goes in a corporation and we are accumulating assets as we already make $xxx,xxx each on our day jobs so really dont need any more money.Our plan has been to retire when the business has fixed assets that we feel is enough to sustain our lifestyle then draw incomes from it.We are canadian does this also send the red flags?