#incorporate #tipstoincorporate #businesstips #closingsoleproprietorship #ontario Exciting times ahead! You are considering transitioning your business from a Sole Proprietorship to a Corporation. Here are some helpful tips that you should think about: When you register your corporation you are creating a new legal entity. This means that you will not be reporting all the income the business makes under your personal tax return (T1). Instead, you will report only what you re