Tag Archives: income splitting

Incorporating Your Startup

A corporation is the most common business structure in Canada.  There are many benefits to incorporating your business, including income tax, legal and funding considerations. To fully understand the advantages of incorporation, it is helpful to possess a basic understanding … Continue reading

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Income Splitting With A Professional Corporation Can Save You Thousands

Income splitting with wages can save you thousands of dollars. Income splitting with dividends from a professional corporation can save you tens, even hundreds, of thousands of dollars. My last post explained how income splitting works. In this post, I am going to provide examples of the … 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, Veterinarians | Tagged | 11 Comments