Salary vs. dividends—what’s the smartest way for an incorporated chiropractor to pay themselves? In this episode, Scott and Chris break down why treating your corp like an ATM creates CRA surprises, how the “dividend tax trap” happens, and why predictable owner’s pay beats random draws. We unpack salary vs. dividends in plain English (CPP isn’t a “tax,” RRSP room matters), how Profit First helps stabilize your paycheque, and why the right answer depends on your stage of practice and a 30-year tax plan—not just this year’s refund. Canadian context throughout.

You’ll learn:
• How random draws lead to anxiety, lumpy saving, and surprise tax bills• A simple tax set-aside rule to avoid the dividend trap• When salary often wins (CPP + RRSP room + tax diversification)• Why lifetime tax planning > one-year minimization

Chapters:
02:00 Corp ≠ ATM08:30 The Dividend Tax Trap (+ an easy fix)12:45 Predictable pay → predictable investing16:00 CPP & RRSP realities (Canada)21:30 Tax diversification and future “levers”23:30 Think 30 years, not 12 months26:30 Takeaways + next steps

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