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Should I Incorporate My Business? | FPCBO 134

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Manage episode 481714053 series 3240624
Content provided by Jason Pereira. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Pereira or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Thinking about incorporating your small business in Canada? Hold on! This video breaks down why staying a sole proprietorship could save you thousands of dollars and even let you deduct your mortgage interest. We'll cover what a sole proprietorship is, its advantages and disadvantages, and reveal two tax planning strategies that are exclusive to sole proprietors. Discover how to deduct business losses and utilize the cashflow-damming strategy to maximize your tax savings. Start smart and learn why sole proprietorship might be the right choice for you.


*FPCBO 131 - Is Your Share Structure Making Your Business Sale Taxable?

https://youtu.be/hjLmFJAV-CU


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

135 episodes

Artwork
iconShare
 
Manage episode 481714053 series 3240624
Content provided by Jason Pereira. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jason Pereira or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Thinking about incorporating your small business in Canada? Hold on! This video breaks down why staying a sole proprietorship could save you thousands of dollars and even let you deduct your mortgage interest. We'll cover what a sole proprietorship is, its advantages and disadvantages, and reveal two tax planning strategies that are exclusive to sole proprietors. Discover how to deduct business losses and utilize the cashflow-damming strategy to maximize your tax savings. Start smart and learn why sole proprietorship might be the right choice for you.


*FPCBO 131 - Is Your Share Structure Making Your Business Sale Taxable?

https://youtu.be/hjLmFJAV-CU


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

135 episodes

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