TaxSense for Incorporating Your Business
Date and Time
Wednesday Aug 10, 2022
10:00 AM - 1:00 PM MDT
Location
Virtual
Fees/Admission
https://smallbusinessbc.ca/education/taxsense-for-incorporating-your-business-2022-08-10
Description
Hosted by Small Business BC
Tax Benefits from Incorporating
Course Description
The act of incorporating your small business creates a legal entity that’s separate from its shareholders or members. In many situations it can lead to lower taxes for the business owner, thanks to a range of tax benefits only available to incorporated businesses.
Join a representative from Loren Nancke Chartered Professional Accountants and learn how a registered corporation can help separate you from your business, or partners, while optimizing tax benefits and efficiencies.
What Will I Learn?
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The different small business structures
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The advantages of incorporating
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The tax advantages of being a shareholder vs a director of a corporation
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The benefits of adding a holding company to your corporate structure
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How family trusts work
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Income deferring, medical trusts and the small business capital gains exemption
