#taxes #bookkeeping #bookkeepingservices #taxobligations #taxdeductions #businessmileage #RRSPcontribution #incorporate Congrats! You filed your 2021 taxes on time... It was a struggle and you worried that you were missing deductions and/or that your taxes due would be too much for you to pay on time. While things are fresh in your memory - let's face it who remembers what they had for breakfast yesterday... this is a good time to consider what you should do BETTER to prepare

#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