Tuesday Jul 12, 2022
10:00 AM - 1:00 PM MDT
Virtual
https://smallbusinessbc.ca/education/taxsense-for-small-business-2022-07-12
Hosted by Small Business BC
Finding Tax Savings for Small Business
Whether you are starting or looking to grow your business, the business structure you choose can have a massive impact on your profits and tax situation.
Join a representative from Loren Nancke Chartered Professional Accountants and learn accounting essentials, responsibilities and dates involved with managing a small business. You’ll discover the deductions available to you, the tax benefits of each structure and discuss when it’s time for your small business to incorporate.
The differences between sole proprietorships, partnerships and corporations
The tax implications of each structure
What the CRA considers taxable income
Hiring subcontractors versus employees
Situations where you can claim tax deductions on automobile or home office costs
The different financial statements and information required in each
Printed courtesy of www.ferniechamber.com – Contact the Fernie Chamber of Commerce for more information.
102 Commerce Road, Fernie, BC V0B 1M5 – 250.423.6868 – members@ferniechamber.com