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How To Calculate & Increase Owner’s Equity

Owner's equity is determined by subtracting a company's total liabilities from its total assets. When a company has negative owner’s equity and the owner takes draws from the company, those draws may be taxable as capital gains on the owner’s tax return. For that reason, business owners should monitor their capital accounts and try not to take money from the company unless their capital account has a positive balance. It may also be known as shareholder’s equity or stockholder’s equity […]

todayJuly 6, 2023