Your needs will change! You have many more things to think about, which includes the following:
Additional write offs, what receipts do I keep
Usage of private vehicle and your private home
Understanding your salary may be different that your company’s income
Best way to gain tax savings
How to meet your obligations to Canada Revenue Agency
….and so much more!
We have tax professionals on staff that know all the ins and outs of great bookkeeping for your business. We can save you time and money come tax time!
In addition to helping with your tax return, we can educate you how to get the biggest write offs, the types of expenses you can write off, and preparing for next tax season. If you are thinking of incorporating, we can walk you through that also, giving you the pros and the cons, and showing you what is different before you make that big decision incorporate. Incorporation significantly affects the way you pay yourself and affects the taxes you will owe.