A small business usually starts out as a sole proprietorship, owned and operated by the founder personally and reporting business income on their annual personal tax return. But as the business grows, the question of incorporation will always arise, and there are several factors to consider when this happens. The most important single factor, in […]
Tag: loss ↓
Incorporate or not: It’s the investment
September 28th, 2006 · 2 Comments
Category: Taxation
Tags: Business, corporate tax, income tax, incorporation, liability, loss, personal tax
