Quote:
Originally Posted by Nufy
I'm looking into this as well. Don't forget the administration fee.
Any PHSP's you recommend there Slava ???
I'm looking at Olympia Trust and or Costplus......
|
I usually use Olympia Trust. It costs you about $400 to get it set-up though...I have another route that is the same but for $250.
Olympia Trust is huge, so if you ever get audited you have them behind you and nothing to worry about. That being said, the law is the law...so if you want to save $150 upfront then the other option is there.
The admin. fee everywhere is 10%. That is also a write-off though, and really I'd pay the 10% everytime for the tax savings.