Keep Business Savings in Wise Account?
Foodfreedom
1 reply so far...
· Viewed 51 times
I am trying to earn on my business savings. I have the idea to take some business savings and put it into wise.com temporarily as dollars where I can earn interest at 3.88%. Will this add to my tax burden at all? I know I will pay taxes on the interest but other than that I only pay taxes on the gross income.
Do you have other ideas for earning interest on savings?
Thank you,
Crystal