Tuesday, 20 September 2011
Before you start one, you need to make sure that they apply to your situation. The articles here can shed some light and answer some questions you may have about how they work and what they could do for you.
BDO Dunwoody - Independent Contractors and Personal Services Businesses - This article explains some of the tax benefits and woes of becoming an Independent Contractor.
BDO Dunwoody - Watch for the Personal Services Business Rules! - These rules placed by CRA are important to consider. They could deem your tax saving structure as non-existent unless you are sure you qualify. Don't be discouraged if you find that you don't qualify, reading this will show you another option.
For cost-effective assistance in organizing your company, we have an arrangement with a third party to complete the incorporation process as well as provide ongoing education, accounting and legal advice.
The information here should not be construed as tax advice. Tax advice should be obtained from a qualified tax professional prior to acting on any of the information discussed here.
Posted by Eric Petersen at 08:04