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this is jason watt im here today with just a quick video about shareholder loans this is a often misunderstood topic um im gonna probably blame the accounting profession for that its one of these terms that gets used all the time and what it means from the accountants perspective its just a balance sheet item showing whether the corporation owes money to a shareholder which is generally a good thing were going to see an example is momentarily or whether the shareholder owes money to the corporation which is generally a bad thing although there are some exceptions to that the shareholder loan account is not well understood and i find part of the issue here is that we dont explain whether or not the corporation owes money to the shareholder or the shareholder owes money to the corporation we just say theres a shareholder loan balance which doesnt tell nearly enough of the story now this video is clearly not tax advice in any way shape or form it is strictly educational if your
