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Glossary Definition

What are Withdrawals by Owner?

A Withdrawal by Owner, sometimes referred to as a distribution, is the transfer of money from a business to the business owner. This type of distribution is non-taxable in a sole proprietorship or partnership, but would be categorized as a dividend in Corporation.

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Read the latest tax planning thought leadership from Corvee.

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Tax Planning Strategies

Our team of tax experts has scoured tax rules and regulations to create detailed tax strategies you can use to find savings for your clients.

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