Category Archives: Uncategorized

Incorporation Benefit – Tax Deferral

Posted on October 21, 2013 by John Moore

Because a company is taxed at a much lower rate on business income than an individual, there is the potential for a large tax deferral. Consider a professional who earns $300,000, but only needs $200,000 before tax for personal use. … Continue reading →

Posted in Architects, Business Professionals, Businesses, Chiropractors, Dentists, Doctors, Engineers, Health Professionals, Income Tax, Lawyers, Medical Residents, Mortgage Brokers, Optometrists, Realtors, Uncategorized, Veterinarians | Tagged , , , | 1 Comment

Incorporation Benefit – Lower Income Tax Rates

Posted on October 22, 2012 by John Moore

As I noted previously, there are several benefits to incorporating your practice. One of the greatest advantages of a professional corporation is access to lower income tax rates. In Canada, we have a progressive tax system.  As you earn more … Continue reading →

Posted in Architects, Business Professionals, Businesses, Chiropractors, Dentists, Doctors, Engineers, Health Professionals, Income Tax, Incorporation, Lawyers, Medical Residents, Mortgage Brokers, Optometrists, Professional Corporation, Realtors, Uncategorized, Veterinarians | Tagged | Leave a comment

Professional Corporations in British Columbia

Posted on September 26, 2012 by John Moore

What is a professional corporation? A corporation is a separate legal entity. It can earn income, enter into contracts, purchase real estate, investments and other property, and pay taxes. There are two main types of companies in Canada. A public company generally … Continue reading →

Posted in Architects, Business Professionals, Chiropractors, Dentists, Doctors, Engineers, Health Professionals, Incorporation, Lawyers, Medical Residents, Mortgage Brokers, Optometrists, Professional Corporation, Realtors, Uncategorized, Veterinarians | Tagged , | 3 Comments

Introduction

Posted on December 2, 2011 by John Moore

Welcome to my blog! I’m a Chartered Accountant based in Vancouver, BC with over 15 years of providing accounting, tax and financial planning services to doctors, dentists, lawyers, and other business professionals.  I like to think that I have learned … Continue reading →

Posted in Uncategorized | Tagged , , , | Comments Off on Introduction