One of the conversations I often have with my entrepreneur clients is SHOULD I INCORPORATE? or responding to “SO AND SO TOLD ME TO INCORPORATE” .
IT IS NOT A BLACK AND WHITE ANSWER. With a corporation comes a higher level of administrative work (i.e. bookkeeping and legal fees) and while it offers a lot of options it’s really important for clients to understand that:
You will not achieve any tax savings from a corporations if you don’t use it properly.
Take aways
Understanding what is a corporations?
What is the differences in running a corporation vs your sole proprietorship?
What other responsibilities do you undertake?
How does financial planning help my corporation?
Where
On demand, simply register and get access!
EMAIL
Shalini@dharnacpa.ca