Course Description
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.

What Will I Learn?

• 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

Register: https://smallbusinessbc.ca/education/taxsense-for-small-business-2022-10-27